C&C Group PLC has announced the purchase of 50,000 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 160.00p, with a volume-weighted average price of 160.00p. 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 390,411,412 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 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 trading venue is the London Stock Exchange, and the currency is GBp. The aggregated information shows that the volume-weighted average price was 160.00p for the 50,000 shares purchased on the London Stock Exchange. The specific details of the transaction, including the number of shares, price per share, trading venue, time of transaction, and MatchID, have been provided in the announcement.