Compass Group PLC has announced that it purchased 350,000 of its ordinary shares on November 7, 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 20.6100 GBP, while the lowest price paid was 20.4600 GBP. The volume-weighted average price paid per ordinary share was 20.5387 GBP.
Following the share purchases, Compass Group PLC now holds 75,206,661 ordinary shares in treasury, with 1,710,197,316 ordinary shares in issue. The total number of voting rights in the company is 1,710,197,316 ordinary shares.
The share buyback program in which these purchases were made was announced on May 10, 2023. 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 further information, investors can contact Agatha Donnelly and Helen Javanshiri, and the press can contact Giles Robinson. The company's website is also provided for reference.