IMI PLC has announced the purchase and cancellation of its ordinary shares. On August 22, 2024, the company bought 91,593 ordinary shares through Merrill Lynch International for cancellation at an average price of 1,825.9122 pence per share. Following the settlement and cancellation, the total number of ordinary shares in issue will be 274,038,393, with the company holding 13,648,836 ordinary shares in treasury, resulting in a total of 260,389,557 voting rights.
The purchases were made on various trading venues, including the London Stock Exchange, Chi-X (CXE), BATS (BXE), and Turquoise, at a volume weighted average price of 18.26 (£ per share). The full breakdown of the individual trades made by Merrill Lynch International on behalf of the Company is available on the provided link.
This announcement provides transparency and compliance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it forms part of UK law. For further information, enquiries can be directed to Louise Waldek, Company Secretary at IMI plc.