COMPASS GROUP PLC has announced the purchase of 2,000 of its ordinary shares on 25 March 2024. These shares, bought through the Company's broker, BNP Paribas Financial Markets, will be held in treasury and are expected to be used to meet obligations arising from employee share schemes or other allocations of Ordinary Shares to employees or directors. The purchases were made at different prices on the CBOE BXE and the London Stock Exchange, forming part of the Company's market equivalent of $250 million share buyback announced on 4 December 2023.
Following these purchases, the Company now holds 80,906,600 Ordinary Shares in treasury and has 1,704,497,377 Ordinary Shares in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to 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 Financial Markets on behalf of the Company as part of the share buyback program is available for review. The announcement emphasizes that it does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.
For further information, investors can contact Agatha Donnelly & Helen Javanshiri at +44 (0) 1932 573 000, and for press inquiries, Giles Robinson at +44 (0) 1932 963 486. More details can be found on the company's website.