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Castings PLC purchased 24,300 of its ordinary shares on 27 July 2023 through Canaccord Genuity Limited on the London Stock Exchange. The shares were acquired at prices between £3.90 and £3.94, with a volume weighted average price of £3.916. Following this purchase, Castings PLC holds 174,000 shares in treasury, and the number of ordinary shares in issue admitted to trading is 43,458,068.
| Date | 27 Jul 2023 |
| Time | 17:14:06 |
| Category | Capital structure |
| ID | 4735H |
27 July 2023
Castings PLC (LSE: CGS)
("Castings" or the "Company")
Transaction in Own Shares
Castings Plc ("Castings" or the "Company") announces that it has made the following purchases of ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") from Canaccord Genuity Limited on the London Stock Exchange ("LSE") pursuant to the Share Buyback Programme announced on 13 July 2023.
|
Date of purchase |
27 July 2023 |
|
Number of Ordinary Shares purchased (aggregated volume): |
24,300 |
|
Highest Price paid per Ordinary Share (£): |
3.94 |
|
Lowest Price paid per Ordinary Share (£): |
3.90 |
|
Volume Weighted Average Price paid per Ordinary Share (£): |
3.916 |
|
Venue where Ordinary Shares are traded |
London Stock Exchange |
The Company will hold the repurchased shares in treasury. Following the purchase of the Ordinary Shares, the number of Ordinary Shares in issue and admitted to trading on the LSE will be 43,458,068 (excluding treasury shares), and the Company will hold 174,000 ordinary shares in treasury.
This figure of 43,458,068 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The Company will make further announcements in due course following the completion of any further purchases pursuant to the Share Buyback Programme.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Canaccord Genuity Limited on behalf of Castings.
Individual transactions:
|
Number of shares purchased |
Transaction price (pence per share) |
Time of transaction |
Trading venue |
|
10,000 |
394.00 |
15:27:28 |
London Stock Exchange |
|
14,300 |
390.00 |
16:35:15 |
London Stock Exchange |
Enquiries:
|
Castings plc S J Mant, Director and Company Secretary
|
+44 (0) 15 433 74341 |
|
Canaccord Genuity Limited Corporate: Adam James ECM: Sam Lucas
|
+44 (0) 20 7523 8000 |