Funding Circle Holdings Plc Executes Stock Buyback

Funding Circle Holdings plc, a prominent player in the financial sector, has completed the acquisition of 200,000 of its own ordinary shares. This transaction occurred on the London Stock Exchange, with Numis Securities Limited ("Deutsche Numis") facilitating the purchase. The buy-back was initially announced on March 7, 2024, and took place on March 27, 2024. This move is part of the company's strategy to purchase shares for cancellation.

The shares were acquired at varying prices, with the highest price per share at 45.70p and the lowest at 45.10p, bringing the volume-weighted average price to 45.4263p. Post cancellation of these shares, Funding Circle Holdings plc will have an issued share capital totaling 358,843,191 ordinary shares. Importantly, post this transaction, the company does not hold any shares in Treasury. This initiative serves as a significant move in optimizing shareholder value and reflects the company's confidence in its financial health.

In alignment with regulatory requirements, the company also provided detailed transaction data, including the exact times and transaction reference numbers for each trade. This transparency underlines the company's commitment to adherence to market regulations and shareholder communication.