Transaction in Own Shares

RNS Number : 0769E
AssetCo PLC
25 October 2022
 

25 October 2022

LEI: 213800LFMHKVNTZ7GV45

AssetCo plc

("AssetCo" or the "Company")

Transaction in Own Shares

AssetCo announces that, in accordance with the terms of its accelerated share buyback programme announced on 12 October 2022 (the "Share Buyback Programme"), the Company purchased the following number of its ordinary shares of £0.01 ("Ordinary Shares") each through Numis Securities Limited ("Numis").

Date of purchase:

25 October 2022

Aggregate number of ordinary shares of £0.01 each purchased:

2,000,000

Lowest price paid per share (GBp):

63.50

Highest price paid per share (GBp):

63.50

Volume weighted average price paid per share (GBp):

63.50

 

The repurchased shares will be held by the Company in treasury. Following the purchase and settlement of these shares, the Company's issued ordinary share capital is 149,292,970 of which 8,588,865 of its Ordinary Shares are held in treasury which attract no voting rights. Therefore, the total voting rights in the Company will be 140,704,105. 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.  

In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Numis as part of the Share Buyback Programme.

Aggregate information: 

Venue

Volume-weighted average price (pence per share)

Aggregated volume

AIMX

63.5p

2,000,000

 

 

 

 Individual transactions:

Number of shares purchased

Transaction price
(pence per share)

Time of transaction

Venue

2,000,000

63.5p

10:40:44

AIMX

 

 

For further information, please contact:

AssetCo plc

Campbell Fleming, CEO

Peter McKellar, Deputy Chairman

Tel: +44 (0) 785 0464 301

Numis Securities Limited

Nominated adviser and joint broker

Giles Rolls / Charles Farquhar

Tel: +44 (0) 20 7260 1000



 

Panmure Gordon (UK) Limited

Joint broker

Charles Leigh-Pemberton / Atholl Tweedie

Tel: +44 (0) 20 7886 2906

 

Maitland/AMO

Neil Bennett

Rachel Cohen

Tel: +44 (0) 20 7379 55151



 

For further details, visit the website,  www.assetco.com

Ticker: AIM: ASTO.L

 

 

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AssetCo (ASTO)
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