Compass Group PLC has announced that it purchased a total of 243,712 of its ordinary shares on September 4, 2023. The shares were bought through the company's broker, Barclays Capital Securities Limited, and will be held in treasury. The purpose of the 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 20.1500 GBP, while the lowest price paid was 20.0300 GBP. The volume-weighted average price paid per ordinary share was 20.1473 GBP.
These purchases are part of the company's share buyback program, which was announced on May 10, 2023. Following the recent purchases, Compass Group PLC now holds 62,647,286 ordinary shares in treasury and has 1,722,756,691 ordinary shares in issue. The total number of voting rights in the company is therefore 1,722,756,691 ordinary shares.
Shareholders can use this figure as the denominator for calculating whether 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 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.