CMC Markets Plc Commencement of Share Buyback Programme (7465E)
March 15 2022 - 3:00AM
UK Regulatory
TIDMCMCX
RNS Number : 7465E
CMC Markets Plc
15 March 2022
15 March 2022
CMC Markets plc
("CMC" or the "Company")
Commencement of Share Buyback Programme
Further to its announcement on 2 March 2022, CMC announces that
it will launch its share buyback programme of up to GBP30 million
(the "Buyback Programme") with immediate effect. T he Buyback
Programme will commence immediately and will be completed no later
than 30 June 2023, subject to continuing regulatory approval.
The maximum aggregate number of shares that will be repurchased
is 29,071,747 ordinary shares. The purpose of the Buyback Programme
is to reduce share capital.
The Company has appointed RBC Europe Limited ("RBC") to manage
the Buyback Programme on its behalf. Any purchases made during
closed periods, shall be made independently of and uninfluenced by
the Company.
Enquiries
CMC Markets Plc
James Cartwright, Investor Relations
Euan Marshall, Chief Financial Officer
investor.relations@cmcmarkets.com
LEI of CMC Markets plc: 213800VB75KAZBFH5U07
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