Cancellation of Treasury Shares
Summary by AI BETAClose X
11 November 2026
Power Probe PLC
Cancellation of Treasury Shares
Power Probe ("Power Probe", or the "Group"), a leading producer of automotive electrical diagnostic tools for professional service technicians, announces that on 6 November 2026 it cancelled 371,000 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares"). These Ordinary Shares had been held in treasury following repurchase by the Company pursuant to the share buyback programme announced on 8 October 2026.
Following the above cancellation, as at the date of this announcement the Company’s issued share capital consists of 73,331,404 Ordinary Shares. The Company holds 80,000 Ordinary Shares in treasury. The total number of voting rights in the Company is therefore 73,251,404. This figure represents the total voting rights in the Company and 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 Disclosure Guidance and Transparency Rules of the FCA.
ENDS
CONTACT DETAILS
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Power Probe Chema Garcia, Chief Executive Officer Fabio Medina, Chief Financial Officer Tom Marsh, EMEA Regional Director |
https://powerprobe.com/en/ c/o Sodali & Co |
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Shore Capital (Nominated Adviser & Broker) Toby Gibbs / Harry Davies-Ball
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+44 (0)20 7408 4090 |
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Sodali & Co James White / Tilly Abraham / James Whitaker |
+44 (0)78 5543 2699
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About Power Probe
Power Probe is a leading producer of automotive electrical diagnostic tools for professional service technicians.
The Group was founded in 1992 in California, USA, and has grown to become an internationally renowned brand, designing and distributing over 140 products. It is driven by a relentless focus on product quality, continuous innovation and customer care, as captured in its mission statement: "Simplifying Automotive Diagnostics".
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