on Funding Circle Plc (isin : GB00BG0TPX62)
Funding Circle Plc Executes Share Buyback on LSE
On November 4, 2024, Funding Circle Holdings Plc announced the repurchase of 111,502 ordinary shares on the London Stock Exchange through Investec Bank plc. This transaction is part of a buy-back program initially revealed on October 16, 2024. The shares were bought at prices ranging from 130.50p to 134.00p, with a volume-weighted average price of 132.0011p.
The company intends to cancel all repurchased shares, which will adjust the issued share capital to 332,486,879 ordinary shares, all possessing voting rights. This updated figure provides a new denominator for FCA's Disclosure Guidance and Transparency Rules.
The buy-back complies with Article 5(1)(b) of Regulation (EU) No 596/2014, reflecting the structure of Retained EU Law. All transactions by Investec were conducted on the London Stock Exchange (XLON).
R. H.
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