Market Purchase of Company's Own Shares

Strategic Insights -

The company has authorized the purchase of its own shares to a maximum of 69,602,221 units, as granted at an Annual General Meeting on July 9, 2025. The company has purchased 322,543 Ordinary shares at £0.32029 each, with the shares being held in treasury. Following this transaction, the company has notified the market of the updated number of shares held in treasury and the total number of Ordinary shares in issue.

Key Takeaways:

  • The company has purchased 322,543 Ordinary shares of 2.5p each at a price of 320.29 pence per share, which will be held in treasury.
  • The resultant number of Ordinary shares held by the company in treasury is now 166,420,521.
  • The total number of Ordinary shares that the company has in issue is 601,665,200.
  • The total number of voting rights in the company following the repurchase is 435,244,679.
  • Shareholders can use the figure of 435,244,679 as the denominator for calculating if they need to notify their interest in or change to their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.
  • A maximum of 69,602,221 shares can be purchased as part of the market purchase.
  • The company has authorized the market purchase of its own shares under the authority granted at the Annual General Meeting on July 9, 2025.

Statistics:

  • 322,543 Ordinary shares purchased at a price of 320.29 pence per share.
  • 166,420,521 Ordinary shares now held in treasury.
  • 601,665,200 Ordinary shares in issue.
  • 435,244,679 total voting rights in the company.
  • Maximum of 69,602,221 shares to be purchased as part of the market purchase.
  • Price of £0.32029 per share.

Sources:

  • PR Newswire For immediate release, August 15, 2025.
  • Frostrow Capital LLP, Company Secretary, Mark Pope, Tel: 020 3 0084913.