Dowlais Group PLC has announced the purchase of 222,326 of its ordinary shares of 1 penny each through Investec Bank plc as part of its £50 million share buy-back program. The shares were purchased on 21st May 2024, with the lowest price per share at 70.2 pence and the highest at 73.4 pence, resulting in a weighted average price per day of 71.7802 pence. The company intends to cancel the purchased shares, and as a result, it holds no ordinary shares in treasury and has 1,387,122,367 ordinary shares in issue.

Following the transaction, the total number of voting rights in the company will be 1,387,122,367. This figure may be used by shareholders as the denominator when determining whether they are required to notify their interest in, or a change to their interest in, the company under the FCA's Disclosure Guidance and Transparency Rules.

The company provided aggregate information on the transaction, including the volume-weighted average price, aggregated volume, lowest price per share, and highest price per share. Additionally, a detailed breakdown of the individual trades made by Investec on behalf of the company as part of the program was disclosed, including the date and time of each trade, the number of shares purchased, the price per share in pence, the trading venue, and the transaction reference number.

This announcement provides transparency into Dowlais Group PLC's recent share buy-back activities, offering insight into the company's strategy and financial decisions.