Pharos Energy PLC has announced that it purchased 35,932 ordinary shares of £0.05 each in the company through Peel Hunt LLP on August 11, 2023. The shares purchased will be cancelled. The highest price paid per share was 23.6000 pence, the lowest price paid per share was also 23.6000 pence, and the volume weighted average price paid per share was 23.6000 pence. After the purchase and cancellation, the company will have 438,547,322 ordinary shares in issue, with 9,122,268 held in treasury.
Since the initiation of the share buyback program in July 2022, Pharos Energy has purchased a total of 13,798,105 ordinary shares for cancellation at a cost of £3,331,447.28. The company provided detailed information on the individual transactions made by Peel Hunt as part of the program.
Shareholders can use the figure of 429,425,054 as the denominator for calculating whether they are required to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.
For further information, please contact Pharos Energy PLC or Camarco.