Craneware PLC has disclosed the purchase of 4,000 of its shares of 1p each on the London Stock Exchange through Peel Hunt LLP, the Company's broker. The highest and lowest price paid per share was 2,200 pence, with a volume-weighted average price of 2,200 pence per share. The Company will hold the repurchased shares in treasury, resulting in a total of 35,320,941 shares in issue, excluding treasury shares. Additionally, the Company will hold 221,228 Ordinary Shares in treasury with no voting rights attached.
The figure of 35,320,941 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. The Company also transferred 4,233 Ordinary Shares out of treasury to satisfy the exercise of share options from an existing employee share option plan.
In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No. 596/2014, detailed information of the individual trades made by Peel Hunt as part of the Share Buyback Programme is provided. The aggregate information shows that the volume-weighted average price was 2200 pence per share, with an aggregated volume of 4000 shares. The individual transactions detail the number of shares purchased, transaction price, and time of transaction.
For further inquiries, Craneware PLC can be contacted at +44 (0)131 550 3100, with Keith Neilson, CEO, and Craig Preston, CFO available for assistance. Peel Hunt LLP, serving as the Nomad and joint broker, can be reached at +44 (0) 20 7418 8900.
This information was supplied by Euroland.com.