Funding Circle Plc Completes Share Buyback Transaction

Funding Circle Holdings plc announced the completion of a share buyback transaction on April 30, 2024. As part of its buyback initiative first publicized on March 7, 2024, the company repurchased 250,000 of its ordinary shares. These transactions occurred on the London Stock Exchange through Numis Securities Limited.

The shares were bought at prices ranging from 65.40p to 69.00p, with an average price of 67.0727p per share. Following the repurchase, the company plans to cancel all acquired shares. This action will reduce the total number of issued ordinary shares with voting rights to 355,660,830. No shares are held in Treasury after this transaction.

This reduction in share capital is critical for current shareholders and potential investors to note, as it affects the denominator used for calculating changes in shareholdings under the FCA's Disclosure and Transparency Rules.