Funding Circle Plc Completes Share Buyback Transaction

Funding Circle Holdings plc announced the purchase and intended cancellation of a portion of its ordinary shares. On 8 April 2024, the company bought back 109,681 ordinary shares at prices ranging from 44.90p to 45.20p. This transaction, executed via Numis Securities Limited, marks part of a buy-back scheme previously declared on 7 March 2024. The average price paid per share stood at 45.1291p.

Post-cancellation, Funding Circle's issued share capital is set to consist of 357,667,551 ordinary shares with voting rights. With no ordinary shares held in Treasury, the total might serve as a new basis for shareholders to figure if they need to disclose changes in their interest under the FCA's Disclosure Guidance and Transparency Rules. Detailed trades, including time and transaction price, have been reported to ensure transparency in line with the Market Abuse Regulation.