checkAd

     101  0 Kommentare Transaction in Own Shares

    ICG Enterprise Trust plc (the “Company”)

    17 June 2024

    Transaction in Own Shares

    The Company announces that on 14 June 2024 it bought back 10,000 of its own shares, to be held as treasury shares, at an average price of 1224 pence per share.

    Further details are set out below:

    • Number of shares held as treasury shares following settlement of this purchase: 7,093,133.
    • Total shares in issue excluding treasury shares following settlement of this purchase: 65,819,867.

    The Company has bought back these shares under the authority granted by shareholders at its Annual General Meeting in June 2023, which permits the Company to repurchase a maximum of 14.99% of its ordinary shares. The actual number of shares repurchased by the Company will depend on market conditions. This authority lasts until the next shareholder authority granted (expected to be at the Annual General Meeting in 2024), or until expressly revoked by shareholders.

    No maximum consideration payable has been determined by the Company, but the Company is unable to pay a price for any shares pursuant to the buyback which would equate to a premium to the net asset value. It is the Company’s current intention to hold any shares bought back in treasury.

    The Company has instructed Numis Securities Limited (trading for these purposes as Deutsche Numis) as its broker in respect of its buyback transactions. This arrangement is in accordance with the UKLA Listing Rules and the Company’s general authority to repurchase shares.

    Analyst / Investor enquiries:

    Chris Hunt
    Shareholder Relations, ICG
    +44 (0) 20 3545 2020

    Andrew Lewis
    Company Secretary, ICG
    +44 (0) 20 3545 1344

    Media:

    Catherine Armstrong
    Corporate Communications, ICG
    +44 (0) 20 3545 1850





    globenewswire
    0 Follower
    Autor folgen

    Verfasst von globenewswire
    Transaction in Own Shares ICG Enterprise Trust plc (the “Company”) 17 June 2024 Transaction in Own Shares The Company announces that on 14 June 2024 it bought back 10,000 of its own shares, to be held as treasury shares, at an average price of 1224 pence per share. …

    Schreibe Deinen Kommentar

    Disclaimer