C&C Group PLC has announced the purchase and subsequent cancellation of a number of its ordinary shares on the London Stock Exchange. On March 22, 2024, the company bought 27,500 ordinary shares at prices ranging from 157.40p to 158.40p, with a volume-weighted average price of 157.67p. These shares form 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, as previously 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 392,061,412 ordinary shares in issue, excluding treasury shares. 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 Programme for subsequent repurchase by the Company.
Mark Chilton, the Company Secretary and General Counsel, has been listed as the contact person for any inquiries related to this announcement. The company's LEI is 635400LNUHA2LDXXV850, and the ISIN is IE00B010DT83. J&E Davy is the intermediary involved, with the intermediary code DAVYIE21. The transactions were conducted in the GMT time zone and the currency used was GBp.
The aggregated information provided includes the trading venue, currency, volume-weighted average price, and aggregated volume. Additionally, a breakdown of the number of shares, price per share, trading venue, time of transaction, and MatchID has been included for transparency.
This announcement provides a clear overview of C&C Group PLC's recent transaction in its own shares, offering insight into the company's buyback program and the specific details of the share purchase and cancellation.