Capricorn Energy PLC Transaction in Own Shares (0217R)

TIDMCNE

RNS Number : 0217R

Capricorn Energy PLC

24 October 2023

FOR IMMEDIATE RELEASE 24 October 2023

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

TRANSACTIONS IN OWN SHARES

Capricorn Energy PLC (the "Company") announces that, on 23 October 2023, it purchased the following number of its ordinary shares of 735/143 pence each (the "Ordinary Shares") through Merrill Lynch International ("BofA Securities"). Such purchase was effected pursuant to the instructions issued by the Company in accordance with the share repurchase arrangements entered into with BofA Securities, as announced on 4 May 2023.

Ordinary Shares:

 
Date of purchase:                     23/10/23 
Aggregate number of Ordinary Shares 
 purchased:                           33,993 
Lowest price paid per share:          154.00 pence 
Highest price paid per share:         158.50 pence 
Average price paid per share:         156.47 pence

Since 4 May 2023, the Company has purchased 4,364,206 Ordinary Shares for cancellation (this number includes all of the Ordinary Shares resulting from the consolidation of (1) the ordinary shares of 21/13 pence each purchased prior to 16 May 2023 into ordinary shares of 490/143 pence each; and (2) the ordinary shares of 490/143 pence each purchased prior to 6 October 2023 into Ordinary Shares, each under the Share Repurchase Programme announced on 4 May 2023), at a cost (including dealing and associated costs) of GBP12,932,392.77.

Following the cancellation of the purchased shares, there will be 94,658,564 Ordinary Shares in issue. The total voting rights in the Company will accordingly be 94,658,564. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

A full breakdown of the individual trades made by BofA Securities on behalf of the Company as part of the share repurchase programme is attached to this document.

Attachment: http://www.rns-pdf.londonstockexchange.com/rns/0217R_1-2023-10-23.pdf

Aggregated information of ordinary shares purchased according to each trading venue:

 
Venue          Weighted average  Aggregate number      Lowest price  Highest 
                price paid per    of shares purchased   paid per      price paid 
                share (GBp)                             share (GBp)   per share 
                                                                      (GBp) 
London Stock 
 Exchange      156.41            27,945                154.00        156.50 
Chi-X (CXE)    156.94            5,720                 154.00        158.50 
BATS (BXE)     154.00            328                   154.00        154.00

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

 
Enquiries 
Analysts/Investors/Media 
Diana Milford, Corporate Affairs  Tel: 0131 475 3000

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END

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