Compass Group PLC has announced that it has purchased a total of 129,600 of its ordinary shares of 11 1/20 pence each through its broker, BNP Paribas Arbitrage S.N.C. The purchased shares will be held in treasury and are expected to be used for employee share schemes or other allocations to employees or directors. The purchases were made on various venues, including CBOE BXE, CBOE CXE, London Stock Exchange, and Turquoise, at different prices. The total value of the share buyback program is $250 million, which is part of a larger $500 million share buyback program announced on November 20, 2023.
After the purchases, Compass Group holds 74,132,030 ordinary shares in treasury and has 1,711,271,947 ordinary shares in issue. The total number of voting rights in the company is 1,711,271,947 ordinary shares. This information can be used by shareholders to determine if they are required to notify their interest in the company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. The detailed breakdown of individual trades made by BNP Paribas Arbitrage S.N.C. on behalf of the company as part of the share buyback program is available in the provided link.
This announcement does not constitute an offer or solicitation of an offer for securities in any jurisdiction. For more information, investors can contact Agatha Donnelly and Helen Javanshiri, and the press can contact Giles Robinson. More information can also be found on the company's website.