C&C Group plc has announced the purchase of 90,000 of its ordinary shares of €0.01 each on the London Stock Exchange from J&E Davy. The highest price paid per ordinary share was 165.20p, the lowest was 163.60p, and the volume-weighted average price paid per ordinary share was 164.76p. 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.
The buyback program was announced on 21 February 2024 and formally commenced on 1 March 2024. Following the settlement of these transactions and the subsequent share cancellation, C&C will have 391,361,412 ordinary shares in issue, excluding treasury shares.
In accordance with the Market Abuse Regulation, a detailed breakdown of 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 is scheduled to this announcement.
The contact for further information is Mark Chilton, Company Secretary and General Counsel, at [email protected]. The company's LEI is 635400LNUHA2LDXXV850, and the 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 the currency used was GBp.
The aggregated information shows that the volume-weighted average price was 164.76p for 90,000 shares on the London Stock Exchange. The individual trades made by J&E Davy on behalf of C&C were at 163.60p and 165.20p per share, with specific details of the trading venue, time of transaction, and MatchID provided.
This announcement provides a clear overview of C&C Group plc's recent share buyback activities and the specific details of the transactions, in compliance with relevant regulations.