Update to Share Buyback Programme

Summary by AI BETAClose X

Young's Brewery has reviewed its share buyback programme, which aims to purchase up to £10 million in shares, and has so far acquired 190,314 shares for approximately £1.1 million. Due to limited liquidity, the company has agreed with its brokers to allow the programme to exceed 25 per cent but remain below 50 per cent of the average daily trading volume on any given day, which may mean the programme will not benefit from certain exemptions under UK MAR. No other changes have been made to the programme's terms.

Disclaimer*

 

YOUNG & CO.'S BREWERY, P.L.C. (“Young’s” or the “Company”)

Update on Share Buyback Programme

Young’s announces that it has carried out a review of the progress of its Share Buyback Programme (the "Programme") announced on 17 November 2025 to purchase up to £10 million in respect of its A ordinary and non-voting ordinary shares of 12.5 pence each (collectively, the "Shares"). Since the commencement of the Programme, the Company has purchased 190,314 Shares for total consideration of approximately £1.1m (excluding expenses).

Due to limited liquidity in the Shares, the Company, in discussions with its brokers, Peel Hunt LLP and Stifel Nicolaus Europe Limited, has agreed that on any given trading day the Programme may exceed 25 per cent. but remain below 50 per cent. of the average daily trading volume of the Shares. Accordingly, on trading days where the Programme exceeds 25 per cent. of the average daily trading volume, the Company may not benefit from the exemption contained in Article 5(1) of Regulation (EU) 596/2014, as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended) (“UK MAR”).

No other changes have been made to the Programme or the basis on which it will be conducted (in each case as announced on 17 November 2025).

Details of any Shares repurchased will be notified to a Regulatory Information Service by the Company following any repurchase as required by UK MAR and the UK Listing Rules of the Financial Conduct Authority.

The Company confirms that currently it has no unpublished inside information.

For further information, please contact:

Young & Co.'s Brewery, P.L.C.

Simon Dodd, Chief Executive Officer

Michael Owen, Chief Financial Officer

 

020 8875 7000

 

Peel Hunt – Nominated Adviser and Joint Corporate Broker

020 7418 8900

George Sellar / Andrew Clark

 

 

 

Stifel – Joint Corporate Broker

020 7710 7600

Erik Anderson / Francis North

 

 

 

MHP – Financial PR

Tim Rowntree / Eleni Menikou / Charles Hirst

 

07770 753 544

 

UK 100

Latest directors dealings