C&C Group plc has announced the purchase of 100,000 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 167.60p, the lowest was 167.00p, and the volume-weighted average price paid per ordinary share was 167.24p. The purchased shares will be cancelled, and following settlement and share cancellation, C&C will have 390,761,412 ordinary shares in issue, excluding treasury shares.
The 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. This buyback program was announced on 21 February 2024 and formally commenced on 1 March 2024. The company has provided detailed aggregated information on the trading venue, currency, volume-weighted average price, and aggregated volume of the shares purchased.
In accordance with the Market Abuse Regulation, a 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 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].
Issuer name: C&C Group plc
LEI: 635400LNUHA2LDXXV850
ISIN: IE00B010DT83
Intermediary name: J&E Davy
Intermediary code: DAVYIE21
Time zone: GMT
Currency: GBp