Funding Circle Plc Executes Share Buyback on LSE

On November 21, 2024, Funding Circle Holdings plc completed a buyback of its own shares on the London Stock Exchange. As part of a previously announced buyback program, the company purchased 80,485 ordinary shares from Investec Bank plc. The prices ranged from 124.00p to 131.00p, with a volume weighted average price of 127.1221p per share.

The acquired shares are set for cancellation, resulting in a new issued share capital of 330,892,323 ordinary shares. These shares will carry voting rights, and there will be no shares held in treasury. This adjustment impacts shareholders' notification obligations under the FCA's Disclosure Guidance and Transparency Rules.

The buyback was conducted in compliance with the EU's Market Abuse Regulation, reflecting strategic moves in Funding Circle's capital management efforts.