Compass Group PLC has announced that it purchased a total of 281,777 of its ordinary shares on 11 September 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 20.2800, while the lowest price paid was 20.2500. The volume-weighted average price paid per ordinary share was 20.2748.
Following the purchases, Compass Group PLC now holds 64,084,134 ordinary shares in treasury and has 1,721,319,843 ordinary shares in issue. The total number of voting rights in the company is 1,721,319,843 ordinary shares. Shareholders can use this figure as the denominator for calculating their interest in the company and determining if they need to notify any changes in their interest under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The share purchases are part of the company's share buyback program announced on 10 May 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 available for reference.