Logistics Development Group PLC Transaction in Own Shares (7047V)
April 11 2023 - 2:00AM
UK Regulatory
TIDMLDG
RNS Number : 7047V
Logistics Development Group PLC
11 April 2023
11 April 2023
Logistics Development Group plc
("LDG" or the "Company")
Transaction in Own Shares
LDG today announces that it has made (through Investec Bank PLC
("Investec") acting as the Company's broker) the following buybacks
of ordinary shares of GBP0.01 each in the capital of the Company
("Ordinary Shares") pursuant to the share buyback programme (the
"Programme") announced on 4 April 2023.
Date of purchase 6 April 2023
Number of Ordinary Shares purchased 151,494
Highest price paid per Ordinary Share 15.175p
Lowest price paid per Ordinary Share 15.175p
Volume weighted average price per Ordinary Share 15.175p
Notification of total voting rights in accordance with paragraph
5.6.1 of the FCA's Disclosure Guidance and Transparency Rules
Following the repurchase and cancellation of the Ordinary Shares
set out above, the Company's issued share capital shall comprise
561,369,273 Ordinary Shares, of which none are held in
treasury.
Hence the figure of 561,369,273 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 LDG under the FCA's Disclosure Guidance and
Transparency Rules. The Company will make further announcements in
due course following the completion of any further purchases
pursuant to the Programme.
In accordance with Article 5(1)(b) of the Market Abuse
Regulation (EU) No 596/2014 details of the purchase of its own
Ordinary Shares by the Company, which were all executed through
Investec are set out below:
Individual Transactions:
Number of Ordinary Transaction price Time of transaction Trading venue
Shares purchased (pence per Ordinary
Share)
151,494 15.175 16:33:00 INVE
For enquiries:
Logistics Development Group Via FTI Consulting
plc
FTI Consulting
Nick Hasell
Alex Le May
Cally Billimore +44 (0) 20 3727 1340
Strand Hanson Limited
(Financial and Nominated Adviser)
James Dance
Richard Johnson
Abigail Wennington +44 (0) 20 7409 3494
Investec Bank plc
(Broker)
Gary Clarence
Harry Hargreaves +44 (0) 20 7597 5970
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END
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