Craneware PLC has announced that it has purchased 500 of its own shares on the London Stock Exchange. The shares were purchased at a price of 1,360 pence per share, resulting in a volume-weighted average price of 1,360 pence per share. The company will hold these repurchased shares in treasury. Following the purchase, Craneware PLC will have 35,306,494 shares in issue, excluding treasury shares, and will hold 235,675 Ordinary Shares in treasury with no voting rights attached.
The total voting rights in the company, including the repurchased shares, will be 35,306,494. 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 and Transparency Rules.
The share buyback program was conducted by Peel Hunt LLP, acting as the company's broker. The individual transactions were made on the AIMX venue at a price of 1,360 pence per share. The purchase was made at 16:35.
No further information or details were provided in the announcement.