Compass Group PLC has announced that it purchased 750,000 of its ordinary shares on September 1, 2023, in accordance with the authority granted by shareholders at its 2023 Annual General Meeting. The shares were purchased through the company's broker, Barclays Capital Securities Limited, and will be held in treasury. The purpose of the share purchase is to meet obligations arising from employee share schemes or other allocations of ordinary shares to employees or directors.
The purchases were made on various venues, including Aquis Exchange, CBOE BXE, CBOE CXE, London Stock Exchange, and Turquoise. The highest price paid per ordinary share was 19.9900, the lowest price paid was 19.8450, and the volume-weighted average price paid was 19.9433. These purchases are part of the company's share buyback program announced on May 10, 2023.
After the recent purchases, Compass Group PLC now holds 62,403,574 ordinary shares in treasury and has 1,723,000,403 ordinary shares in issue. The total number of voting rights in the company is 1,723,000,403 ordinary shares. Shareholders can use this figure as the denominator for calculating their interest in the company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The detailed breakdown of individual trades made by Barclays Capital Securities Limited 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 investor inquiries, Agatha Donnelly and Helen Javanshiri can be contacted at +44 (0) 1932 573 000. For press inquiries, Giles Robinson can be reached at +44 (0) 1932 963 486. More information can be found on the company's website.