Funding Circle Plc Announces Share Buyback and Cancellation

Funding Circle Holdings plc disclosed its recent transaction in own shares on 13 March 2024, following its buy-back announcement earlier in March. The company bought a total of 111,388 ordinary shares at prices ranging between 46.50p and 47.30p, with a volume-weighted average price of 47.0107p on the London Stock Exchange through Numis Securities Limited, also known as Deutsche Numis.

The buyback is part of the company’s strategy, with the intention to cancel all purchased shares. Post-cancellation, Funding Circle's issued share capital will be adjusted to 360,954,732 ordinary shares with voting rights, with the company holding none in treasury. This figure serves as a reference for shareholders for notification requirements under the FCA's Disclosure Guidance and Transparency Rules.

Detailed transactions included various trades executed at different times throughout the market day, with prices mostly around the 47.00p mark, except for a notable transaction at 47.30p.

Funding Circle has provided contact information for investor relations and media enquiries, demonstrating its commitment to transparency and communication with its stakeholders.