5 July 2024
Vesuvius
plc
Share
Buyback Programme – Transactions in Own
Securities
Vesuvius
plc (the "Company") announces that it has purchased the following
number of its Ordinary Shares of 10p each from Jefferies
International Limited (the “Broker”), pursuant to the terms of its
Share Buyback Programme announced on 4
December 2023:
Date of
purchase:
|
04/07/2024
|
|
|
Number of
ordinary shares purchased:
|
92,287
|
|
|
Highest
price paid per share (pence per share):
|
474.50p
|
|
|
Lowest
price paid per share (pence per share):
|
464.50p
|
|
|
Volume
weighted average price paid per share (pence per share):
|
471.00p
|
The
Ordinary Share purchases have been made accordance with the
authority
granted by shareholders at the 2023 Annual General Meeting. The
Company intends to cancel these Ordinary Shares. Following the
purchase, settlement and cancellation of these shares, the Company
will have 263,854,043 Ordinary Shares of 10p each in issue
(excluding 7,271,174 Ordinary Shares held in Treasury). Therefore,
the total voting rights in the Company will be 263,854,043. This
figure may be used by shareholders (and others with notification
obligations) 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.
In
accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as
it applies in the UK (the Market Abuse Regulation), the table below
contains detailed information of the individual trades made by
Jefferies International Limited as part of the Share Buyback
Programme.
Since the
commencement of the Share Buyback Programme to repurchase up to £50
million of Ordinary Shares, as announced on 4 December 2023, the Company has purchased
7,359,854 Ordinary Shares for a consideration of
£35,124,399.17.
For
further information, please contact:
|
|
Enquiries:
|
|
|
Vesuvius
plc
|
Rachel
Stevens, Head of Investor Relations
|
+44 (0)
7387 545 271
|
|
|
|
|
|
|
|
This
announcement does not constitute, or form part of, an offer or any
solicitation of an offer for securities in any
jurisdiction.
Schedule
of Purchases
Aggregate
information:
Trading
Venue
|
Weighted
average price (pence per share)
|
Aggregate
volume
|
London
Stock Exchange (LSE)
|
471.05p
|
51,320
|
Chi-X
(CHIX)
|
470.84p
|
4,405
|
BATE
(BATE)
|
470.96p
|
29,207
|
Aquis
(AQXE)
|
471.02p
|
4,123
|
Turquoise
(TRQX)
|
470.93p
|
3,232
|
Transaction
Details:
Issuer
name:
|
Vesuvius
plc
|
ISIN:
|
GB00B82YXW83
|
Intermediary
name:
|
Jefferies
International Limited
|
Intermediary
code:
|
JEFFGB2XXXX
|
Time
zone:
|
UKT
|
Currency:
|
GBP
|
Individual
Transactions:
Please see
attached PDF for full list of transactions.
About
Vesuvius plc
Vesuvius
is a global leader in molten metal flow engineering and technology
principally serving process industries operating in challenging
high temperature conditions.
We develop
innovative and customised solutions, often used in extremely
demanding industrial environments, which enable our customers to
make their manufacturing processes safer, more efficient and more
sustainable.
These
include flow control solutions, advanced refractories and other
consumable products and increasingly, related technical services
including data capture.
We have a
worldwide presence. We serve our customers through a network of
cost-efficient manufacturing plants located close to their own
facilities, and embed our industry experts within their operations,
who are all supported by our global technology centres.
Our core
competitive strengths are our market and technology leadership,
strong customer relationships, well established presence in
developing markets and our global reach, all of which facilitate
the expansion of our addressable markets.
Our
ultimate goal is to create value for our customers, and to deliver
sustainable, profitable growth for our shareholders giving a
superior return on their investment whilst providing each of our
employees with a safe workplace where they are recognised,
developed and properly rewarded.
We think
beyond today to create solutions that will shape the
future.
Vesuvius
plc, 165 Fleet Street, London EC4A
2AE
Registered
in England and Wales No.
8217766
LEI:
213800ORZ521W585SY02
www.vesuvius.com