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Marlowe Plc
Marlowe PLC - Transaction in Own Shares
11th November 2024, 07:00
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RNS Number : 6134L
Marlowe PLC
11 November 2024
 

11 November 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 150,000 ordinary shares of 50 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 348.996 pence per Share through Cavendish Capital Markets Limited ("Cavendish"). The Shares acquired will, in due course, be cancelled.

 

 

Aggregated Information

 

Date of Purchase:

8/11/2024

Aggregate Number of Shares Purchased:

150,000

Lowest Price Paid per Share (pence):

348.996

Highest Price Paid per Share (pence):

348.996

Volume-Weighted Average Price Paid per Share (pence):

348.996

 

 

Following the cancellation of Shares, Marlowe will have 85,364,727 ordinary shares of 50 pence each in issue and no ordinary shares are held in treasury. This figure of 85,364,727 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

150,000

348.996

16:45

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 & Broker)

Ben Jeynes

George Lawson

Tel: +44 (0)20 7220 0500



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 and Water & Air Hygiene. The Group has a national footprint and serves approximately 27,000 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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