LEI:
2138003EK6UAINBBUS19
26 June
2024
Funding Circle Holdings plc
Transaction in own shares and update on share repurchase
programme
Funding Circle
Holdings plc (the "Company")
announces that, in order to effect the timely completion of the
share repurchase programme announced on 7 March 2024, it may
purchase up to 50% of the average daily volume with effect from 27
June 2024. The Company will continue to use the average daily volume of
ordinary shares of £0.001 each (“Ordinary Shares”) traded in
February 2024, being the month preceding the month of the original
announcement.
The
Company has today purchased for cancellation the following number
of Ordinary Shares on the London Stock Exchange from Numis
Securities Limited (“Deutsche Numis”) as part of its buy-back
announced on 7 March 2024:
|
Date of
purchase:
|
26 June
2024
|
|
Number of ordinary
shares purchased:
|
231,022
|
|
Highest price paid
per share:
|
95.00p
|
|
Lowest price paid
per share:
|
92.00p
|
|
Volume weighted
average price paid per share:
|
94.7777p
|
The
Company intends to cancel all of the purchased Ordinary
Shares.
Following the
cancellation of the repurchased shares, the Company's issued share
capital will consist of 349,516,488
Ordinary Shares with voting rights.
There are no
ordinary shares held in Treasury.
The
above figure (349,516,488) may
be used by shareholders (and others with notification obligations)
as the denominator for the calculation 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 FCA's Disclosure Guidance
and Transparency Rules.
In accordance with Article 5(1)(b)
of Regulation (EU) No 596/2014 (the Market Abuse Regulation),
as it forms part of Retained EU Law as defined in the European
Union (Withdrawal) Act 2018, the table below contains detailed
information of the individual trades made by Deutsche Numis
as part of the
Share Buyback Programme.
Aggregate
information:
|
Venue
|
Volume-weighted average price
(pence per share)
|
Aggregated volume
|
|
LSE
|
94.7777p
|
231,022
|
Individual
information:
|
Number of
ordinary shares purchased
|
Transaction
price
(GBp
share)
|
Time of
transaction (UK Time)
|
Transaction
reference number
|
Trading
venue
|
|
150000
|
95.00
|
12:27:19
|
00070424427TRLO0
|
XLON
|
|
50000
|
95.00
|
12:29:54
|
00070424506TRLO0
|
XLON
|
|
6537
|
94.00
|
13:10:00
|
00070426186TRLO0
|
XLON
|
|
2765
|
93.00
|
13:29:50
|
00070427274TRLO0
|
XLON
|
|
89
|
93.00
|
13:43:22
|
00070427806TRLO0
|
XLON
|
|
3526
|
93.00
|
13:43:22
|
00070427807TRLO0
|
XLON
|
|
6981
|
92.00
|
14:09:09
|
00070429249TRLO0
|
XLON
|
|
437
|
94.00
|
15:29:59
|
00070432254TRLO0
|
XLON
|
|
89
|
94.00
|
15:29:59
|
00070432255TRLO0
|
XLON
|
|
10598
|
94.00
|
15:38:35
|
00070432650TRLO0
|
XLON
|
-
ENDS -
Enquiries:
Funding
Circle:
Investor
Relations
ir@fundingcircle.com
Tony
Nicol
Media
Relations
press@fundingcircle.com
Angeli
Everitt
Headland
Consultancy +44 (0) 20 3805 4822
Mike Smith / Stephen
Malthouse