London-Based Company Purchases Own Shares

Strategic Insights -

A British company based in London has made a market purchase of its own ordinary shares, with 75,000 shares being bought back for cancellation at a price of 747.63 pence per share. This transaction brings the company's total issued shares to 26,066,844, with no shares held in treasury. The purchase was made under the authority granted at the company's General Meeting on February 27, 2025.

Key Takeaways:

  • The company has made a market purchase of 75,000 ordinary shares at 747.63 pence per share, bringing the total number of shares in issue to 26,066,844.
  • The purchased shares will be cancelled, leaving the company with no shares held in treasury.
  • The total number of voting rights in the company is 26,066,844, which can be used by shareholders to determine if they are required to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.
  • Frostrow Capital LLP served as the company secretary for the purchase, and Katherine Manson is the contact person for further information.
  • The purchase was made under the authority granted at the General Meeting on February 27, 2025, which has the maximum aggregate limit of 4,255,299 shares.
  • This transaction does not indicate a change in the company's ownership structure or operations.

Statistics:

  • 75,000 ordinary shares purchased at 747.63 pence per share
  • Total number of shares in issue: 26,066,844
  • Total voting rights in the company: 26,066,844
  • Treasury shares: 0
  • Maximum aggregate limit for share purchases: 4,255,299
  • Date of General Meeting authorizing share purchases: February 27, 2025

Sources:

  • PR Newswire, The Company (London, UK), June 20 (2025)
  • Frostrow Capital LLP, Katherine Manson, Tel: 020 3709 8734