Dowlais Group PLC has announced the purchase of 225,872 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 24th May 2024, with the lowest price per share at 67.95 pence and the highest at 70 pence, resulting in a weighted average price per day of 68.6395 pence. The company intends to cancel the purchased shares, and as a result, it holds no ordinary shares in treasury and has 1,386,458,206 ordinary shares in issue.

Following this transaction, the total number of voting rights in the company will be 1,386,458,206. 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 also provided an aggregate breakdown of the individual trades made by Investec on behalf of the company as part of the program. This detailed information includes 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 financial decisions and its commitment to enhancing shareholder value.