C&C Group PLC has announced the purchase of 137,500 of its ordinary shares of €0.01 each on the London Stock Exchange from J&E Davy. The highest and lowest price paid per ordinary share was 171.00p, with a volume-weighted average price of 171.00p. 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 settlement of the transactions and subsequent share cancellation, C&C will have 387,913,618 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 for further information is Mark Chilton, Company Secretary and General Counsel at [email protected].
The aggregated information provided includes the trading venue, currency, volume-weighted average price, and aggregated volume. The intermediary involved in the transaction is J&E Davy, with the intermediary code DAVYIE21. The time zone for the transaction is GMT, and the currency is GBp. 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 is also included in the announcement.