ALM.L

Allied Minds Plc
Allied Minds - Rule 2.9 Announcement - Transaction in own shares
28th November 2022, 07:00
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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 £0.01 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 ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Transaction reference number

Trading venue

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

Christopher Gibbons

0203 846 9774

christopher.gibbons@jtcgroup.com



Instinctif Partners - Communications

Tim Linacre / Rozi Morris / Joe Quinlan

 

alliedminds@instinctif.com

 

The Company's LEI is 213800YB4G7YN21NLL72

 

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