Dowlais Group PLC has announced the purchase of 186,721 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 bought at prices ranging from 72.55 pence to 73.55 pence, with a weighted average price per day of 72.8891 pence. The company intends to cancel the purchased shares, and as a result, it holds no ordinary shares in treasury and has 1,382,474,573 ordinary shares in issue.

Following the transaction, the total number of voting rights in the company will be 1,382,474,573. 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 individual trades made by Investec on behalf of the company as part of the program have been detailed, including the date and time of each trade, the number of shares purchased, the price per share, the trading venue, and the transaction reference number. The trades were executed on 21st June 2024, with prices ranging from 72.55 pence to 73.45 pence per share.

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