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 55,000 ordinary shares at a volume-weighted average price of 154.78p, with the highest price paid per share at 155.00p and the lowest at 154.60p. These shares will be cancelled, and following the settlement, C&C will have 392,396,412 ordinary shares in issue, excluding treasury shares.
This purchase is 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. The company is following the Market Abuse Regulation and will provide a detailed breakdown of individual trades made by J&E Davy as part of the buyback program for subsequent repurchase by the company.
Mark Chilton, the Company Secretary and General Counsel, can be contacted for further information 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 on the London Stock Exchange in GBp currency.
The detailed breakdown of individual trades made by J&E Davy as riskless principal on behalf of C&C on the London Stock Exchange as part of the Buyback Programme for subsequent repurchase by the Company is scheduled to this announcement.