sur Funding Circle Plc (isin : GB00BG0TPX62)
Funding Circle Plc Announces Share Buyback Completion and Cancellation
Funding Circle Holdings plc has officially announced the acquisition and subsequent cancellation of 200,000 of its own ordinary shares. This transaction took place on the London Stock Exchange through Numis Securities Limited, with the operation forming part of a buyback initiative previously declared on March 7, 2024. The shares, each valued at £0.001, were purchased on March 26, 2024, with transaction prices ranging from 45.60p to 46.20p, indicating a volume-weighted average price of 46.0954p per share.
The company plans to cancel all acquired shares and has provided an update on its share capital. Post-cancellation, Funding Circle Holdings plc's issued share capital will comprise 359,043,191 ordinary shares, each with voting rights. It was also mentioned that the company does not hold any ordinary shares in Treasury. The current total number of shares, following the buyback, will serve as a reference for shareholders and others for notification obligations under the FCA's Disclosure Guidance and Transparency Rules.
Additionally, the document included detailed information on individual trades executed as part of this share buyback programme, adhering to Article 5(1)(b) of Regulation (EU) No 596/2014 and its designation under the European Union (Withdrawal) Act 2018.
R. H.
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