Compass Group PLC has announced that it purchased a total of 284,204 of its ordinary shares on 14 November 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 21.0000 GBP, while the lowest price paid was 20.6700 GBP. The volume-weighted average price paid per ordinary share was 20.8753 GBP.
These purchases are part of the company's share buyback program announced on 10 May 2023. Following the recent purchases, Compass Group PLC now holds 76,528,069 ordinary shares in treasury and has 1,708,875,908 ordinary shares in issue. The total number of voting rights in the company is 1,708,875,908 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 Compass Group PLC 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.