Dowlais Group PLC has announced the purchase of 220,840 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 22nd May 2024, with the lowest price per share at 71.15 pence and the highest at 73.65 pence, resulting in a weighted average price per day of 72.3091 pence. The company intends to cancel the purchased shares, leaving it with no ordinary shares in treasury and 1,386,901,527 ordinary shares in issue.

As a result of this transaction, the total number of voting rights in the company will be 1,386,901,527. 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.