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THE MISSION GROUP Plc announced on January 6, 2025, that on January 3, 2025, it purchased 50,000 of its 10 pence ordinary shares via Canaccord Genuity Limited, to be held in treasury. These shares were acquired on the London Stock Exchange at a volume weighted average price of 27.24 pence, with individual transaction prices ranging from 27.00 pence to 27.40 pence per share. Following this purchase, the Company holds 50,000 Ordinary Shares in treasury, and its total shares in issue are reduced to 92,188,119; total buybacks since January 2025 have returned £13,620 to shareholders, reducing shares in issue by 0.05%.
| Date | 6 Jan 2025 |
| Time | 07:00:04 |
| Category | Capital structure |
| ID | 1522S |
6 January 2025
THE MISSION GROUP Plc
("MISSION", the "Group" or the "Company")
Transaction in Own Shares
The MISSION Group plc (AIM: TMG), the Brand Performance Group, comprising of digital marketing and specialist communications Agencies, announces that it has made the following purchases of ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") to be held in treasury.
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Date of purchase |
3 January 2025 |
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Number of Ordinary Shares purchased (aggregated volume): |
50,000 |
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Highest Price paid per Ordinary Share (pence): |
27.40 |
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Lowest Price paid per Ordinary Share (pence): |
27.00 |
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Volume Weighted Average Price paid per Ordinary Share (pence): |
27.24 |
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Venue where Ordinary Shares are traded |
London Stock Exchange (AIMX) |
Since the Group began share buybacks in January 2025, £13,620 has been returned to shareholders, reducing the Company's shares in issue by 0.05%.
Following the purchase of the Ordinary Shares, the Company will hold 50,000 of its Ordinary Shares in treasury and the number of Ordinary Shares in issue and admitted to trading will be reduced to 92,188,119 (excluding treasury shares). This figure of 92,188,119 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.
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 MISSION.
Individual transactions:
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Number of shares purchased |
Transaction price (pence per share) |
Time of transaction |
Trading venue |
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30,000 |
27.40 |
08:46:52 |
London Stock Exchange (AIMX) |
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5,000 |
27.00 |
13:14:37 |
London Stock Exchange (AIMX) |
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15,000 |
27.00 |
14:29:16 |
London Stock Exchange (AIMX) |
ENQUIRIES:
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Cat Davis - Group Marketing Director The MISSION Group PLC |
Via Houston |
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Simon Bridges/Andrew Potts/Harry Rees |
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Canaccord Genuity Limited (Financial Adviser, Nominated Adviser and Broker) |
020 7523 8000 |
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Peter Tracey Blackdown Partners Limited (Financial Adviser) |
020 3807 8484 |
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Kate Hoare / Alexander Clelland / India Spencer Houston PR |
0204 529 0549 |
NOTES TO EDITORS
The MISSION Group Plc. is The Brand Performance Group.
Delivering measurable, results-driven campaigns as the preferred creative partner for real business growth. We offer top-tier agencies, strategic specialisms and global reach delivering outstanding performance for brands. We call it Work That Counts™ www.themission.co.uk