Essentra PLC has disclosed the purchase of its ordinary shares as part of the buyback program announced in March 2023. On 23rd February 2024, the company acquired 23,000 ordinary shares at a volume-weighted average price of 163.200 GBp per share from Peel Hunt LLP. The intention is to cancel the purchased shares, resulting in a total of 287,306,450 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 provided a breakdown of the purchases, indicating that the transactions were executed on the London Stock Exchange. The announcement complies with the requirements of Listing Rule 12.4.6 and Article 5(1)(b) of Regulation (EU) No 596/2014. For further information, interested parties can contact Essentra plc directly.

This transaction reflects Essentra's strategic approach to capital management and signifies the company's confidence in its financial position and future prospects.