Purchase of Own Shares

MS International PLC

07 July 2023

 

7 July 2023

MS INTERNATIONAL plc

(the "Company")

Purchase of Own Shares

The Company announces that it has today purchased 290,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") from the MS International Retirement and Death Benefits Scheme (the "Scheme") at a price of 572.5 pence per Ordinary Share (the "Purchase"), being the middle market price at the time of the Purchase.

The Scheme has sold the Ordinary Shares to reduce its holding in the Company to meet with the requirements of the Occupational Pension Schemes (Investment) Regulations 2005. The Scheme no longer holds any Ordinary Shares and has therefore reduced its self-investment in the Company to nil.

The Ordinary Shares acquired by the Company will be held in treasury. Following the Purchase, the Company now holds 1,547,994 Ordinary Shares in treasury. The Company's issued share capital comprises 17,841,073 Ordinary Shares. After deducting the 1,547,994 Ordinary Shares held in treasury, the current total number of voting rights in the Company is therefore 16,293,079.

The above figure of 16,293,079 Ordinary Shares is the figure which may be used by shareholders as the denominator for the calculation 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.

For further information please contact:

MS INTERNATIONAL plc                                                                             Tel: [phone]

Michael Bell

Shore Capital

Nomad and Broker                                                                                       Tel: [phone]           
Patrick Castle/Daniel Bush/Lucy Bowden

 

END