Funding Circle Holdings plc Executes Share Buyback

Funding Circle Holdings plc, on 21 March 2024, announced its completion of a share buyback transaction. A total of 250,000 ordinary shares were reacquired through this process on the London Stock Exchange, facilitated by Numis Securities Limited, acting as the transaction's broker. This move is part of the firm's share buyback initiative announced earlier on 7 March 2024.

The buyback saw the highest share price at 49.20p and the lowest at 48.70p, with an overall volume-weighted average price of 49.0193p per share. Funding Circle Holdings plc plans to cancel all the acquired shares, which, following their cancellation, will adjust the company’s issued share capital to 359,743,191 ordinary shares. This figure will serve as the denominator in shareholder interest calculations in compliance with the FCA's Disclosure Guidance and Transparency Rules. There are no shares held in Treasury following this transaction.

The company provided a detail of the share transactions, indicating the specific numbers of shares purchased at various times of the day along with their prices, enhancing transparency regarding the buyback operation.