Dowlais Group PLC has announced the purchase of 217,449 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 prices ranging from 70.8 pence to 72.4 pence, with a weighted average price of 71.4049 pence per share. The company intends to cancel the purchased shares, and as a result, it holds no ordinary shares in treasury and has 1,386,684,078 ordinary shares in issue.

Following the transaction, the total number of voting rights in the company will be 1,386,684,078. 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 23rd May 2024, with prices ranging from 70.80 pence to 72.40 pence per share.

This announcement provides transparency regarding Dowlais Group PLC's recent share buy-back activities and the subsequent impact on the company's shareholding structure and voting rights.