Pharos Energy plc has announced that it has purchased 22,050 of its own ordinary shares through Peel Hunt LLP as part of its share buyback program. The shares purchased will be cancelled. The highest price paid per share was 21.9400 pence, the lowest price paid per share was also 21.9400 pence, and the volume weighted average price paid per share was 21.9400 pence. After the purchase and cancellation, the company will have 432,862,647 ordinary shares in issue, with 9,122,268 held in treasury. Shareholders can use the figure of 423,740,379 as the denominator for calculating their interest in the company. Since the initiation of the share buyback program in July 2022, the company has purchased a total of 19,482,780 ordinary shares for cancellation at a cost of £4,623,322.82.