Dowlais Group PLC has announced the purchase of 346,796 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 4th April 2024, with the lowest price per share at 76.6 pence and the highest at 78.75 pence, resulting in a weighted average price per day of 78.0121 pence. The company intends to cancel the purchased shares, and as a result, it holds no ordinary shares in treasury and has 1,392,926,731 ordinary shares in issue.

Following the transaction, the total number of voting rights in the company will be 1,392,926,731. 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 an aggregate breakdown of the individual trades made by Investec on behalf of the company as part of the program. The trades, executed on 4th April 2024, included various volumes and prices per share on the XLON trading venue. The detailed breakdown of the individual trades is provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it forms part of UK law.

This announcement provides transparency regarding Dowlais Group PLC's recent share buy-back activities, offering insight into the specific details of the purchases made through Investec Bank plc.