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 168.80p, the lowest was 166.60p, and the volume-weighted average price paid per ordinary share was 167.93p. 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 the settlement of these transactions and the subsequent share cancellation, C&C will have 391,061,412 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 person for this announcement is Mark Chilton, the Company Secretary and General Counsel.
The aggregated information provided includes the trading venue, currency, volume-weighted average price, and aggregated volume. It also includes the number of shares, price per share, trading venue, time of transaction, and MatchID for each transaction on the London Stock Exchange.
The company's LEI is 635400LNUHA2LDXXV850, and its ISIN is IE00B010DT83. The intermediary involved in the transactions is J&E Davy, with the intermediary code DAVYIE21. The time zone for the transactions is GMT, and the currency is GBp.
This announcement is made in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the "Market Abuse Regulation").