Dowlais Group PLC has announced the purchase of 53,046 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 a weighted average price of 80.8377 pence per share, with the lowest price at 80.5 pence and the highest at 81 pence. The company intends to cancel the purchased shares, and as a result, it holds no ordinary shares in treasury and has 1,391,972,797 ordinary shares in issue.

Following the transaction, the total number of voting rights in the company will be 1,391,972,797. The company provided aggregate information on the venue, volume-weighted average price, aggregated volume, lowest price per share, and highest price per share. Additionally, a detailed breakdown of 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, the trading venue, and the transaction reference number.

This announcement provides transparency regarding the company's share buy-back program and the specific details of the recent share purchases, in compliance with the Market Abuse Regulation (EU) No 596/2014 as it forms part of UK law.