Countryside Partnerships PLC Share Buyback Programme (2500M)
May 20 2022 - 4:35AM
UK Regulatory
TIDMCSP
RNS Number : 2500M
Countryside Partnerships PLC
20 May 2022
Countryside Partnerships PLC
Conclusion of tranche of the share buyback programme
On 7 July 2021, Countryside Partnerships PLC (the "Company")
announced its intention to return surplus cash of at least GBP450
million to shareholders via on-market purchases of ordinary shares
in the capital of the Company (the "Programme"). Further to the
announcement made earlier today regarding transactions in own
shares, the Company is pleased to confirm that the
non-discretionary tranche of the Programme between the Company, on
the one hand, and Numis Securities Limited, on the other hand,
announced on 31 March 2022 has been completed in accordance with
its terms.
A further announcement regarding subsequent tranches of the
Programme will be made in due course.
Enquiries:
Countryside Partnerships PLC Tel: +44 (0) 1277 260 000
John Martin - Interim Group Chief Executive
Tim Lawlor - Group Chief Financial Officer
Victoria Prior - Managing Director, Corporate Affairs
Brunswick Group LLP Tel: +44 (0) 20 7404 5959
Nina Coad
Robin Wrench
Note to editors:
Countryside is the market leader in the delivery of high quality
mixed-tenure communities in partnership with housing associations,
public bodies and institutional private rental operators, with a
strong focus on placemaking and regeneration.
Countryside's differentiated Partnerships business model:
-- Mixed tenure developments, including affordable homes, homes
available for institutional private rental and available for
private for sale.
-- Over 40 years track record of collaborative working with
partners in public and private sectors
-- Over 60% of developments on regeneration or brownfield sites.
-- Increasing use of Modern Methods of Construction, with a
target of 50% of all homes to be built using our in-house
manufacturing facilities by 2025.
-- Place-making at the heart of everything we do - designing
places people love, helping to build successful communities.
Committed to high quality design, construction and management,
creating a positive legacy for future generations.
For more information see www.countrysidepartnerships.com or
follow @CountrysidePPlc on Twitter
- ends -
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
POSBKKBNFBKKDPB
(END) Dow Jones Newswires
May 20, 2022 04:35 ET (08:35 GMT)
Countryside Partnerships (LSE:CSP)
Historical Stock Chart
From Apr 2024 to May 2024
Countryside Partnerships (LSE:CSP)
Historical Stock Chart
From May 2023 to May 2024