Gamma Communications PLC has announced the purchase of its ordinary shares through Investec Bank plc. The company has bought 30,947 ordinary shares at a weighted average price of 1,431.3780 pence per share. These shares will be held in treasury. Following this transaction, the company now holds 1,442,253 ordinary shares in treasury and 96,058,136 ordinary shares in issue, excluding treasury shares.
The purchases were made as part of the buyback program announced by the company on 25th March 2024. The detailed breakdown of the individual trades made by Investec on behalf of the company as part of the program has been provided, including the date, time, number of shares purchased, and the price per share for each transaction.
The aggregate information shows that the purchases were made at a volume-weighted average price of 1,434.5232 pence on XLON and 1,428.59 pence on AIMX. The lowest price per share was 1,414.00 pence, and the highest price per share was 1,446.00 pence.
This announcement provides transparency regarding the company's recent share transactions and demonstrates its commitment to the buyback program.