Funding Circle Plc Executes Share Buyback

On October 14, 2024, Funding Circle Holdings plc announced the repurchase of 200,000 ordinary shares for cancellation on the London Stock Exchange. This move is part of the buy-back scheme initiated on March 7, 2024. The shares were bought from Numis Securities Limited, also known in this transaction as Deutsche Numis.

The transaction saw shares bought at a high of 140.00p and a low of 137.00p, with a volume-weighted average price of 138.2552p. Post-cancellation, the company’s share capital comprises 334,114,678 ordinary shares eligible for voting rights.

The lack of shares in Treasury allows investors to use the new figure for assessing their holdings per FCA's rules. The share buyback demonstrates Funding Circle's commitment to managing its capital effectively while enhancing shareholder value.