Marlowe PLC Transaction in Own Shares
July 26 2024 - 2:00AM
RNS Regulatory News
RNS Number : 9274X
Marlowe PLC
26 July 2024
26 July 2024
Marlowe plc
Transaction in Own
Shares
Marlowe plc ("Marlowe" or the "Group"), the leader in
business-critical services, announces that, in accordance with the
terms of its share buyback programme announced on 22 May 2024, the
Company has purchased 202,000 ordinary shares of 50 pence each in
the capital of the Company (the "Shares") in the market at a volume
weighted average price of 448.66 pence per Share through Cavendish
Capital Markets Limited ("Cavendish"). The Shares acquired will, in
due course, be cancelled.
Aggregated Information
Date of Purchase:
|
25/07/2024
|
Aggregate Number of Shares
Purchased:
|
202,000
|
Lowest Price Paid per Share
(pence):
|
443.88
|
Highest Price Paid per Share
(pence):
|
449.40
|
Volume-Weighted Average Price Paid
per Share (pence):
|
448.66
|
Following the cancellation of
Shares, Marlowe will have 88,317,302
ordinary shares of 50 pence each in issue and no
ordinary shares are held in treasury. This figure of
88,317,302 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.
Individual Transactions
|
Number of
Shares purchased
|
Transaction price (pence per Share)
|
Time of
transaction
|
Venue
|
175,000
|
449.40
|
11.16
|
AIMX
|
27,000
|
443.88
|
14.44
|
AIMX
|
For
further information:
|
|
|
|
Marlowe plc
|
|
Lord Ashcroft, Interim Non-Executive
Chair
Adam Councell, Chief Financial
Officer
Benjamin Tucker, Head of Investor
Relations & Strategy
|
www.marloweplc.com
Tel: +44
(0)20 3813 8498
IR@marloweplc.com
|
Cavendish Capital Markets Limited (Nominated Adviser &
Joint Broker)
|
Ben Jeynes
George Lawson
|
Tel: +44
(0)20 7220 0500
|
|
|
Investec Bank (Joint Broker)
|
|
Henry Reast
Oliver Cardigan
|
Tel: +44
(0)20 7597 5970
|
FTI
Consulting
|
|
Nick Hasell
Alex Le May
|
Tel: +44
(0)20 3727 1340
|
About Marlowe plc
Marlowe is a leader in
business-critical services which ensures compliance with strict
regulations and insurance requirements across Fire Safety &
Security, Water & Air Hygiene and Occupational Health. The
Group has a national footprint and serves over 30,000 customers
across office complexes, high streets & leisure facilities,
manufacturing plants and industrial estates, and include thousands
of SMEs, local authorities, facilities management providers,
multi-site NHS trusts and FTSE 100 companies.
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