Dowlais Group PLC has announced the purchase of 226,657 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 on 28th May 2024, with the lowest price per share at 69.25 pence and the highest at 73.4 pence, resulting in a weighted average price per day of 71.5769 pence. The company intends to cancel the purchased shares, leaving it with no ordinary shares in treasury and 1,386,231,549 ordinary shares in issue.

Following the transaction, the total number of voting rights in the company will be 1,386,231,549. 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 28th May 2024, with varying volumes and prices per share.

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