Compass Group PLC has announced that it purchased 350,000 of its ordinary shares on 10 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 shares were purchased at various venues, including Aquis Exchange, CBOE BXE, CBOE CXE, London Stock Exchange, and Turquoise. The highest price paid per share was 20.8700 GBP, while the lowest price paid per share was 20.7600 GBP. The volume-weighted average price paid per share was 20.8125 GBP.
This share purchase is part of Compass Group's share buyback program, which was announced on 10 May 2023. Following the recent purchases, the company now holds 75,743,865 ordinary shares in treasury and has 1,709,660,112 ordinary shares in issue. The total number of voting rights in the company is now 1,709,660,112 ordinary shares.
Shareholders can use this figure as the denominator for calculating their interest in the company and determining if they are required to notify any changes in their interest 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 as part of the share buyback program can be found 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.