C&C Group PLC has announced the purchase of its own ordinary shares on the London Stock Exchange from J&E Davy. On April 24, 2024, the company acquired 91,000 ordinary shares at prices ranging from 167.40p to 168.40p per share, with a volume-weighted average price of 167.84p. These shares will be cancelled following the purchase.
This transaction is part of C&C's buyback program, which aims to repurchase ordinary shares of a total value of up to €15 million by June 30, 2024. The buyback program was initially announced on February 21, 2024, and officially commenced on March 1, 2024. Following the settlement of these transactions and the subsequent share cancellation, C&C will have 390,270,412 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 program. This information is in accordance with the Market Abuse Regulation.
For further information, the company secretary and general counsel, Mark Chilton, can be contacted at [email protected]. The company's LEI is 635400LNUHA2LDXXV850, and its ISIN is IE00B010DT83. J&E Davy acted as the intermediary for these transactions, 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 insight into C&C Group PLC's recent share buyback activities and the details of the transactions, in compliance with relevant regulations.