Transaction in Own Shares

Yellow Cake PLC

06 July 2026

 

6 July 2026

Yellow Cake plc ("Yellow Cake", the "Company" or "Group")

Transaction in Own Shares

Yellow Cake, a specialist Group operating in the uranium sector, holding physical uranium ("U₃O₈") for the long term and engaged in uranium-related commercial activities, announces that, during the period from 29 June 2026 to 3 July 2026, it purchased 370,000 ordinary shares of £0.01 each in the Company (the "Ordinary Shares") on the London Stock Exchange through Canaccord Genuity Limited. Such purchase was made in accordance with the terms of its share buyback programme, as announced on 15 June 2026 (the "Programme").

Period of purchases	29 June 2026 to 3 July 2026
Aggregate number of Ordinary Shares purchased	370,000
Lowest price paid per Ordinary Share (pence)	527.00
Highest price paid per Ordinary Share (pence)	553.00
Volume weighted average price paid per Ordinary Share (pence)	538.46

Yellow Cake intends to hold the purchased Ordinary Shares in treasury. Following the purchase of the Ordinary Shares, the Company will have 257,243,467 Ordinary Shares in issue. Upon transfer of the purchased Ordinary Shares into treasury, the Company will hold 5,690,283 Ordinary Shares in treasury and the total number of Ordinary Shares carrying voting rights will be 251,553,184.

The above figure of 251,553,184 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they determine whether 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.

Since the commencement of the Programme on 15 June 2026, the Company has purchased 1,106,000 Ordinary Shares for an aggregate consideration of approximately US$8.0 million (excluding fees and taxes).

In accordance with Article 5(1)(b) of Regulation (EU) No. 596/2014 and Commission Delegated Regulation (EU) No. 2016/1052, as they form part of UK law, detailed information of the individual trades made by Canaccord Genuity Limited as part of the Programme is set out below.

Individual transactions:

Date of Purchase	Number of shares purchased	Transaction price (pence per share)	Time of transaction	Execution venue
29-Jun-26	10,000	531.00	13:52:03	AIMX
29-Jun-26	2,041	531.00	16:35:10	AQXE
29-Jun-26	1,964	531.00	16:35:10	AQXE
29-Jun-26	16,632	531.00	16:35:10	AQXE
29-Jun-26	34,363	531.00	16:35:10	AIMX
29-Jun-26	15,000	530.50	11:17:54	AIMX
30-Jun-26	15,000	535.50	13:25:05	AIMX
30-Jun-26	15,000	535.00	14:13:01	AIMX
30-Jun-26	15,000	531.50	15:39:03	AIMX
30-Jun-26	15,000	527.50	16:09:43	AIMX
30-Jun-26	30	527.00	16:35:10	AIMX
30-Jun-26	456	527.00	16:35:10	AIMX
30-Jun-26	1,975	527.00	16:35:10	AIMX
30-Jun-26	121	527.00	16:35:10	AIMX
30-Jun-26	2,283	527.00	16:35:10	AIMX
30-Jun-26	1,773	527.00	16:35:10	AIMX
30-Jun-26	1,232	527.00	16:35:10	AIMX
30-Jun-26	585	527.00	16:35:10	AIMX
30-Jun-26	53	527.00	16:35:10	AIMX
30-Jun-26	348	527.00	16:35:10	AIMX
30-Jun-26	31	527.00	16:35:10	AIMX
30-Jun-26	741	527.00	16:35:10	AIMX
30-Jun-26	579	527.00	16:35:10	AIMX
30-Jun-26	27	527.00	16:35:10	AIMX
30-Jun-26	273	527.00	16:35:10	AIMX
30-Jun-26	3,870	527.00	16:35:10	AIMX
30-Jun-26	233	527.00	16:35:10	AIMX
30-Jun-26	3	527.00	16:35:10	AIMX
30-Jun-26	638	527.00	16:35:10	AIMX
30-Jun-26	7	527.00	16:35:10	AIMX
30-Jun-26	30	527.00	16:35:10	AIMX
30-Jun-26	4,712	527.00	16:35:10	AIMX
01-Jul-26	15,000	553.00	15:27:07	AIMX
01-Jul-26	15,000	552.00	15:15:08	AIMX
01-Jul-26	21	550.00	16:35:19	AQXE
01-Jul-26	1,242	550.00	16:35:19	AQXE
01-Jul-26	1,793	550.00	16:35:19	AQXE
01-Jul-26	2,032	550.00	16:35:19	AQXE
01-Jul-26	9,912	550.00	16:35:19	AIMX
01-Jul-26	25,000	549.50	13:47:31	AIMX
02-Jul-26	15,994	538.00	16:35:28	AQXE
02-Jul-26	15,000	545.50	08:55:32	AQXE
02-Jul-26	15,000	541.50	12:17:04	AQXE
02-Jul-26	15,000	539.50	13:27:31	AIMX
02-Jul-26	4,185	538.00	16:35:28	AQXE
02-Jul-26	1,994	538.00	16:35:28	AIMX
02-Jul-26	1,240	538.00	16:35:28	AIMX
02-Jul-26	1,136	538.00	16:35:28	AIMX
02-Jul-26	451	538.00	16:35:28	AQXE
03-Jul-26	40,000	541.00	16:35:32	AIMX
03-Jul-26	20,000	541.00	14:41:49	AIMX
03-Jul-26	10,000	540.50	15:19:34	AIMX

ENQUIRIES:

Yellow Cake plc
Andre Liebenberg, CEO	Carole Whittall, CFO
Tel: [phone]
Nominated Adviser and Joint Broker: Canaccord Genuity Limited
James Asensio	Henry Fitzgerald-O'Connor
Charlie Hammond
Tel: [phone]
Joint Broker: Berenberg
Matthew Armitt	Jennifer Lee
Detlir Elezi
Tel: [phone]
Peter Bacchus
Tel: [phone]
Communications Adviser: Sodali & Co
Peter Ogden	James Whitaker
Tel: [phone]

ABOUT YELLOW CAKE

Yellow Cake is a London-quoted company, headquartered in Jersey, which offers exposure to the uranium spot price. This is achieved through its strategy of buying and holding physical triuranium octoxide ("U₃O₈"). It may also seek to add value through other uranium-related activities. Yellow Cake and its wholly owned subsidiary (together, the "Group") seek to generate returns for shareholders through the appreciation of the value of its holding of U₃O₈ and its other uranium-related activities in a rising uranium price environment. The business is differentiated from its peers by its ten-year Framework Agreement for the supply of U₃O₈ with Kazatomprom, the world's largest uranium producer. The Group currently holds 23.11 million pounds of U₃O₈, all of which is held in storage in Canada and France. 

FORWARD LOOKING STATEMENTS

Certain statements contained herein are forward looking statements and are based on current expectations, estimates and projections about the potential returns of the Group and the industry and markets in which the Group will operate, the Directors' beliefs and assumptions made by the Directors. Words such as "expects", "anticipates", "should", "intends", "plans", "believes", "seeks", "estimates", "projects", "pipeline", "aims", "may", "targets", "would", "could" and variations of such words and similar expressions are intended to identify such forward looking statements and expectations. These statements are not guarantees of future performance or the ability to identify and consummate investments and involve certain risks, uncertainties and assumptions that are difficult to predict, qualify or quantify. Therefore, actual outcomes and results may differ materially from what is expressed in such forward looking statements or expectations. Among the factors that could cause actual results to differ materially are: uranium price volatility, difficulty in sourcing opportunities to buy or sell U₃O₈, foreign exchange rates, changes in political and economic conditions, competition from other energy sources, nuclear accident, loss of key personnel or termination of the services agreement with 308 Services Limited, changes in the legal or regulatory environment, insolvency of counterparties to the Group's material contracts or breach of such material contracts by such counterparties. These forward-looking statements speak only as at the date of this announcement. The Group expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements contained herein to reflect any change in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based unless required to do so by applicable law or the AIM Rules.

 

END