Transaction in Own Shares

Castings PLC
27 July 2023
 

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

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Castings (CGS)
UK 100

Latest directors dealings