C&C Group PLC has announced the purchase of 75,000 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 152.60p, the lowest price paid was 151.80p, and the volume-weighted average price paid per ordinary share was 152.13p. 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 392,683,912 ordinary shares in issue, excluding treasury shares.
The 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.
For further information, the company secretary and general counsel, Mark Chilton, can be contacted at [email protected]. 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.
The aggregated information regarding the trading venue, currency, volume-weighted average price, and aggregated volume is also provided in the announcement. The specific details of the individual shares purchased, including the number of shares, price per share, trading venue, time of transaction, and MatchID, are outlined in the announcement.