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 170.40p, the lowest was 170.00p, and the volume-weighted average price paid per ordinary share was 170.24p. These shares will be cancelled, and following the settlement of these transactions, C&C will have 387,713,618 ordinary shares in issue, excluding treasury shares.
This 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. 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.
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 its ISIN is IE00B010DT83. The intermediary involved in the transaction is J&E Davy, 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 detailed breakdown of the number of shares, price per share, trading venue, time of transaction, and MatchID has been included in the announcement.
This information has been disclosed in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the "Market Abuse Regulation").