FOR IMMEDIATE RELEASE
17 October 2024
ENQUEST PLC ("EnQuest" or
"the Company")
TRANSACTIONS IN OWN
SHARES
EnQuest PLC (the "Company") announces that, on 16 October
2024, it purchased the following number of its ordinary shares of 5
pence each (the "Ordinary
Shares") through Merrill Lynch International ("Merrill Lynch"). Such purchase was
effected pursuant to the instructions issued by the Company in
accordance with the share repurchase arrangements entered into with
Merrill Lynch, as announced on 29 April 2024.
Aggregated information of Ordinary
Shares purchased on 16 October 2024 according to each trading
venue:
|
Venue
|
Weighted average price paid per
share (GBp)
|
Aggregate number of shares
purchased
|
Lowest price paid per share
(GBp)
|
Highest price paid per share
(GBp)
|
|
London Stock Exchange
|
10.61
|
228,061
|
10.56
|
10.78
|
|
Chi-X
|
10.58
|
29,561
|
10.52
|
10.70
|
|
BATS
|
10.57
|
10,246
|
10.50
|
10.60
|
|
Turquoise
|
10.55
|
1,044
|
10.54
|
10.56
|
|
Total (all venues)
|
10.60
|
268,912
|
10.50
|
10.78
|
Since 29 April 2024, the Company has
purchased 40,441,562 Ordinary Shares at a cost (including dealing
and associated costs) of £5,265,706.92. Of those shares, 25,000,000
Ordinary Shares have been retained in Treasury and will be issued
in due course to the Company's Employee Benefit Trust and
15,441,562 Ordinary Shares have been purchased for
cancellation.
Following the cancellation of the
purchased shares, there will be 1,900,482,777 Ordinary Shares in issue
and 25,000,000 Shares in Treasury. The total voting rights in the
Company will accordingly be 1,875,482,777.
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
Guidance and Transparency Rules.
A full breakdown of the individual
trades made by Merrill Lynch 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/5039I_1-2024-10-16.pdf
LEI: 2138008LJU6WFQWOXJ73
This
announcement does not constitute, or form part of, an offer or any
solicitation of an offer for securities in any
jurisdiction.
Enquiries:
EnQuest
plc
+44 (0)20 7925 4900
Kate Christ, Company
Secretary