D4T4 Solutions PLC Share Buyback Programme (4136S)
November 06 2023 - 1:00AM
UK Regulatory
TIDMD4T4
RNS Number : 4136S
D4T4 Solutions PLC
06 November 2023
D4t4 Solutions Plc ("D4T4" or "Company")
Share Buyback Programme
D4t4 Solutions Plc (AIM: D4T4), the AIM-listed data solutions
provider, announces that the Board has approved a share buyback
programme of up to 500,000 ordinary shares of 2 pence each in the
capital of the Company (" ordinary shares ")(the " buyback
programme ").
The Company has instructed Cavendish to conduct the buyback
programme on its behalf on a broker-managed basis, with trading
decisions taken independently of the Company. The buyback programme
commences today and ends no later than 3 months from today on 6
February 2024, or earlier if the maximum number of Ordinary Shares
has been reached.
The buyback programme is in accordance with the terms of the
Company's authority to make market purchases of its own ordinary
shares granted to it by shareholders on 9 August 2023 (the "
Authority "), including that the maximum price paid per ordinary
share is to be no more than 105 per cent. of the average middle
market closing price of an ordinary share for the five business
days preceding the date of any buyback. Subject to this price
limit, the Company has also stipulated that ordinary shares may be
purchased for no more than 250 pence per share.
The Company intends to hold all ordinary shares so purchased in
treasury for the purpose of satisfying future obligations in
relation to its employees' or other share schemes.
Due to the limited liquidity in the issued ordinary shares, a
buyback of ordinary shares pursuant to the Authority on any given
trading day may represent a significant proportion of the daily
trading volume in the ordinary shares on AIM and could exceed 25
per cent. of the average daily trading volume and, accordingly, the
Company will not benefit from the exemption contained in Article
5(1) of Regulation (EU) No. 596/2014 as adopted into UK law by the
European Union (Withdrawal) Act 2018.
The Company will make further announcements in due course
following any share purchases.
Enquiries
D4t4 Solutions Plc (to be renamed Celebrus Technologies plc) +44 (0) 1932 893333
Bill Bruno, Chief Executive Officer investors@d4t4solutions.com
Ash Mehta, Chief Financial Officer
Cavendish Capital Markets Limited (Nominated Adviser & Joint Broker)
Julian Blunt / Edward Whiley, Corporate Finance
Charlotte Sutcliffe, ECM +44 (0) 20 7220 0500
Canaccord Genuity (Joint Broker)
Simon Bridges / Andrew Potts +44 (0) 20 7523 8000
About D4t4 Solutions plc
D4t4 Solutions plc (AIM: D4t4) was founded around a passion for
helping brands improve their relationships with their consumers via
better data.
Supporting customers in financial services, retail, travel,
healthcare, and telecommunications across over 27 countries, D4t4
enables businesses to make smarter, informed decisions via
Celebrus, the company's flagship first-party data product suite.
Celebrus automatically captures, contextualises, and activates
user-based behavioural data in real-time across all digital
channels. Through behavioural biometrics and analytics, Celebrus
helps companies prevent fraud before it happens. Celebrus Cloud
provides an enterprise platform that automates and enables
organisations to get better value from the Celebrus software in a
more efficient manner.
The Group has offices in the UK, USA, and India with key talent
in all markets to drive the growth of the business. Celebrus is
fully compliant with all major data privacy regulations and the
Group is accredited to ISO27001: Information Security
Management.
For more information, please see www.d4t4solutions.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
POSUVSBRONUARAA
(END) Dow Jones Newswires
November 06, 2023 02:00 ET (07:00 GMT)
Celebrus Technologies (LSE:CLBS)
Historical Stock Chart
From Apr 2024 to May 2024
Celebrus Technologies (LSE:CLBS)
Historical Stock Chart
From May 2023 to May 2024