C&C Group PLC has announced the purchase of its own ordinary shares on the London Stock Exchange from J&E Davy. The company bought 100,000 ordinary shares at prices ranging from 153.80p to 155.00p, with a volume-weighted average price of 154.15p. These shares will be cancelled as part of C&C's intention to buy back ordinary shares of a total value of up to €15 million in the period up to 30 June 2024. Following the settlement of these transactions and subsequent share cancellation, C&C will have 386,860,194 ordinary shares in issue, excluding treasury shares.
The buyback program was announced on 21 February 2024 and formally commenced on 1 March 2024. The company has provided detailed information on the individual trades made by J&E Davy as a riskless principal on behalf of C&C on the London Stock Exchange as part of the buyback program for subsequent repurchase by the company. The contact person for this announcement is Mark Chilton, the Company Secretary and General Counsel.
The company's LEI is 635400LNUHA2LDXXV850, and its ISIN is IE00B010DT83. The intermediary involved in the transaction is J&E Davy, with the intermediary code DAVYIE21. The transactions took place in the GMT time zone and were denominated in GBp currency. The aggregated information provided includes the trading venue, currency, volume-weighted average price, and aggregated volume. The detailed breakdown of individual trades made by J&E Davy is scheduled to this announcement.
This announcement is made in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the "Market Abuse Regulation"). The company has also provided specific information on the number of shares, price per share, trading venue, time of transaction, and MatchID for each trade on the London Stock Exchange.