Bytes Technology Group plc Announces Share Buyback

Strategic Insights -

Bytes Technology Group plc, a leading technology company, has announced the purchase of 100,000 of its ordinary shares as part of a share buyback program. The share buyback forms part of a previously announced initiative aimed at consolidating the company's shares. The company has confirmed that it does not hold any shares in treasury, and the cancellation aligns with compliance under Article 5(1)(b) of Regulation (EU) No 596/2014. The transaction was conducted at a volume-weighted average price of APS399.6546 per share.

Key Takeaways:

  • Bytes Technology Group plc acquired 100,000 ordinary shares at APS0.01 each on the London Stock Exchange through Numis Securities Limited (formerly known as Deutsche Numis).
  • The share buyback was conducted at a volume-weighted average price of APS399.6546 per share.
  • The highest price paid for the shares was APS403.20, while the lowest was APS396.00.
  • The transaction forms part of BTG's ongoing strategy to optimize its capital structure and enhance shareholder value.
  • The company has confirmed that it does not hold any shares in treasury.
  • The cancellation of the shares aligns with compliance under Article 5(1)(b) of Regulation (EU) No 596/2014.
  • The total number of ordinary shares issued by BTG will be 242,311,605 after the purchase and cancellation of the shares.
  • The buyback was executed by Deutsche Numis in accordance with the terms set out in the buyback program.

Statistics:

  • 100,000 ordinary shares acquired by BTG at APS0.01 each.
  • Volume-weighted average price of APS399.6546 per share.
  • Highest price paid for the shares: APS403.20.
  • Lowest price paid for the shares: APS396.00.
  • Total number of ordinary shares issued by BTG after the purchase and cancellation: 242,311,605.

Sources:

  • Bytes Technology Group plc, "Share Buyback" press release, August 27, 2025.
  • Johannesburg Stock Exchange, "Share Buyback" announcement, August 27, 2025.