Compass Group PLC has announced that it purchased 150,000 of its ordinary shares on 15 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 exchanges, including Aquis Exchange, CBOE BXE, CBOE CXE, London Stock Exchange, and Turquoise. The highest price paid per ordinary share was 20.9900 GBP, while the lowest price paid was 20.7200 GBP. The volume-weighted average price paid per ordinary share was 20.8477 GBP.
These purchases are part of Compass Group's share buyback program, which was announced on 10 May 2023. Following the recent purchases, the company now holds 64,651,749 ordinary shares in treasury and has 1,720,752,228 ordinary shares in issue. The total number of voting rights in the company is 1,720,752,228 ordinary shares.
Shareholders can use this figure as the denominator for calculating whether they need 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 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.