Completion of Share Buyback Programme

Johnson Service Group PLC
28 November 2023
 

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28 November 2023

 

AIM:  JSG

 

Johnson Service Group PLC

 

Completion of Share Buyback Programme

 

Johnson Service Group PLC (the "Company") is pleased to announce that it has completed its share buyback programme that commenced on 20 September 2023 (the "Buyback Programme").

 

Between 20 September 2023 and 27 November 2023, 7,572,051 ordinary shares in the Company were repurchased on the London Stock Exchange for cancellation at an average price of 132.1 pence per share and a total cost, excluding expenses, of £10.0 million.  This represented 1.8 per cent of the issued share capital of the Company when the Buyback Programme commenced.

 

Completion of the Buyback Programme brings the total cash returned to shareholders between 15 September 2022 and 27 November 2023 to £35.3 million under the two buyback programmes that were completed within the limits of the authority to repurchase the Company's ordinary shares in issue granted by shareholders at the Company's Annual General Meetings held on 4 May 2022 and 4 May 2023.

 

For further information please contact:

 

Johnson Service Group PLC

  

Peter Egan, CEO



Yvonne Monaghan, CFO



Tel: 01928 704 600



 

 

Investec Investment Banking (NOMAD)

Camarco (Financial PR)

David Flin

Ginny Pulbrook

Carlton Nelson

Rosie Driscoll

Virginia Bull

Letaba Rimell

Tel: 020 7597 5970

Tel: 020 3757 4992/4981

 

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