TIDMALM

RNS Number : 6997H

Allied Minds PLC

28 November 2022

28 November 2022

Allied Minds Plc

("the "Company")

Rule 2.9 Announcement - Transaction in own shares

Allied Minds plc (AIM: ALM, 'Allied Minds' or 'the Company') announces that, in accordance with the terms of its share buyback programme announced on 17 November 2022 ("Share Buyback Programme"), the Company purchased the following number of its Ordinary Shares of GBP0.01 each ("Ordinary Shares") through Numis Securities Limited. The Ordinary Shares purchased will be held in treasury until transferred by the Company to the directors and employees in satisfaction of awards under the 2014 Long Term Incentive Plan ("LTIP").

 
 Date of purchase:                                            25 November 
                                                                     2022 
 Volume of Allied Minds shares purchased:                         170,600 
 Average market price paid per share (GBp):                        9.5000 
 Highest price paid per share (GBp):                                9.500 
 Lowest price paid per share (GBp):                                 9.500 
 

In accordance with Rule 2.9 of The City Code on Takeovers and Mergers, Allied Minds confirms that, as at the date and time of this announcement , the remaining number of Ordinary Shares in issue will be 237,474,044 (excluding treasury shares), and the Company hold 2,176,229 Ordinary Shares in treasury. Therefore, the total voting rights in the Company will be 237,474,044. This figure for the total number of voting rights 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 FCA's Disclosure Guidance and Transparency Rules. The International Securities Identification Number for Allied Minds Ordinary Shares is GB00BLRLH124.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Numis Securities Limited as part of the Share Buyback Programme.

Schedule of Purchases - Individual Transactions

 
 Number of          Transaction    Time of transaction   Transaction reference   Trading 
  ordinary shares    price          (UK Time)             number                  venue 
  purchased          (GBp share) 
 25000              9.50           10:12:05              00062356566TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 27389              9.50           10:12:08              00062356568TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 20000              9.50           10:12:36              00062356581TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 5813               9.50           10:14:32              00062356632TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 27976              9.50           10:14:33              00062356633TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 26259              9.50           10:18:07              00062356692TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 37563              9.50           10:18:07              00062356693TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 600                9.50           10:25:58              00062356838TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 

The Company has now completed the Share Purchase Programme and holds a total of 2,176,229 Ordinary Shares in treasury. These shares will be held in treasury until transferred to the directors and employees in satisfaction of awards under the LTIP.

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
 Allied Minds plc                       c/o Instinctif Partners 
 
 JTC (UK) Limited - Company Secretary   0203 846 9774 
  Christopher Gibbons                    christopher.gibbons@jtcgroup.com 
 
 Instinctif Partners - Communications 
  Tim Linacre / Rozi Morris / Joe         alliedminds@instinctif.com 
  Quinlan 
 

The Company's LEI is 213800YB4G7YN21NLL72

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END

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