Essentra PLC has announced the purchase of its ordinary shares from Peel Hunt LLP as part of the buyback program. On 9th May 2024, the company bought 11,500 ordinary shares at a price ranging from 186.0000 GBp per share. The intention is to cancel the purchased shares, leaving Essentra with 288,108,244 ordinary shares in issue, excluding those held in treasury. This figure will represent the total number of voting rights in Essentra after the cancellation. The company has provided detailed and aggregated information of the individual trades made by Peel Hunt LLP as part of the Buyback Programme, in accordance with the requirements of Listing Rule 12.4.6.

The trading venues and volume-weighted average price paid per share are also disclosed in the announcement. The company has provided a schedule of purchases, including the number of shares purchased, transaction price, market/systematic internalizer, time of transaction, and trade ID. This announcement is made in accordance with the requirements of Listing Rule 12.4.6. For further enquiries, Essentra plc can be contacted through Emma Reid, Company Secretary.

This transaction reflects Essentra's commitment to its buyback program and its strategy to manage its capital structure efficiently. The company's decision to cancel the purchased shares demonstrates its focus on enhancing shareholder value and optimizing its capital allocation.