London-Based Company Makes Market Purchase of Own Shares

Strategic Insights -

The UK-based company has made a market purchase of its own ordinary shares, with 76,993 shares being bought at a price of 752.67 pence per share. This purchase is part of the company's authorized share buyback program, which allows it to purchase up to 4,255,299 of its own shares. The total number of shares in issue after this transaction is 25,368,360.

Key Takeaways:

  • The company has purchased 76,993 ordinary shares of 25p each for cancellation at a price of 752.67 pence per share.
  • The total number of ordinary shares that the company has in issue is 25,368,360.
  • The company does not hold any ordinary shares in treasury.
  • The figure of 25,368,360 may be used by shareholders as the denominator for calculating their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.
  • The company has made a market purchase under the authority granted at the General Meeting of the company held on February 27, 2025.
  • The total number of shares that the company has bought back for cancellation following this purchase is 76,993.

Statistics:

  • The company purchased 76,993 ordinary shares at a price of 752.67 pence per share.
  • The total number of ordinary shares in issue is 25,368,360.
  • The maximum number of shares that the company is authorized to purchase under the buyback program is 4,255,299.
  • The price at which the shares were purchased is 752.67 pence per share.

Sources:

  • PR Newswire, "LONDON, United Kingdom, July 11, 2025 (PR Newswire For immediate release) 11 July 2025"
  • Disclosure Guidance and Transparency Rules, Mentioned in the FCA's Transparency Rules.