Result of Share Buyback and TVR

Colefax Group PLC

02 June 2026

 

AIM: CFX 

COLEFAX GROUP PLC

("Colefax" or the "Company")

Result of Share Buyback via Reverse Bookbuild

and

Total Voting Rights

Colefax is pleased to announce the final results of the share buyback to purchase ordinary shares of 10.0 pence each in the Company ("Ordinary Shares") via a reverse bookbuild (the "Buyback"), following the launch announcement on 28 May 2026 (the "Launch Announcement").

Pursuant to the Buyback, 166,826 Ordinary Shares, amounting to 3.2% of the issued share capital of the Company, will be acquired at a price of £13.00 per Ordinary Share (the "Buyback Price") for a total consideration of approximately £2.2 million by Peel Hunt LLP ("Peel Hunt"), acting as principal. Under the terms of the Repurchase Agreement (as defined in the Launch Announcement), Peel Hunt has a put option exercisable on 02 June 2026 (or at such later date agreed between Peel Hunt and the Company) to require the Company to purchase from Peel Hunt the Ordinary Shares purchased pursuant to the Buyback at the Buyback Price. The Ordinary Shares purchased by the Company pursuant to the exercise of the put option will be cancelled (the "Cancellation").

On completion of the Buyback and the Cancellation, the Company's issued ordinary share capital will be 5,058,732 Ordinary Shares and the total number of voting rights in the Company will be 5,058,732. This figure 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 Financial Conduct Authority.

The Company purchasing 100,000 Ordinary Shares from Jupiter Asset Management Limited constitutes a related party transaction under Rule 13 of the AIM Rules, due to their status as Substantial Shareholders (as defined under the AIM Rules). In this context, the Directors of the Company confirm, having consulted with the Company's nominated adviser, Peel Hunt, that they consider that Colefax purchasing Ordinary Shares sold by Jupiter Asset Management Limited in the Buyback to be fair and reasonable insofar as its shareholders are concerned.

Enquiries:

Colefax Group plc David Green, Chief Executive Rob Barker, Finance Director	[phone]
Peel Hunt LLP (NOMAD and broker) Dan Webster Andrew Clark Finn Nugent	[phone]
KTZ Communications Katie Tzouliadis Robert Morton	[phone]

Important notice

DISCLAIMER

Peel Hunt LLP, which is authorised and regulated by the FCA in the United Kingdom, is acting for Colefax Group Plc in relation to the Buyback and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to the customers of Peel Hunt LLP nor for providing any advice in relation to the Buyback and/or any other matter referred to in this announcement.

 

END