FOR IMMEDIATE RELEASE
3
May 2024
ENQUEST PLC ("EnQuest" or
"the Company")
TRANSACTIONS IN OWN
SHARES
EnQuest PLC (the "Company") announces that, on 2 May
2024, it purchased the following number of its ordinary shares of 5
pence each (the "Ordinary
Shares") through Merrill Lynch International ("Merrill Lynch"). Such purchase was
effected pursuant to the instructions issued by the Company in
accordance with the share repurchase arrangements entered into with
Merrill Lynch, as announced on 29 April 2024 (the "Programme").
Aggregated information of Ordinary
Shares purchased on 2 May 2024 according to each trading
venue:
|
Venue
|
Weighted average price paid per
share (GBp)
|
Aggregate number of shares
purchased
|
Lowest price paid per share
(GBp)
|
Highest price paid per share
(GBp)
|
|
London Stock Exchange
|
15.91
|
192,961
|
15.86
|
16.12
|
|
Chi-X
|
15.98
|
18,484
|
15.84
|
16.20
|
|
BATS
|
16.00
|
1,727
|
16.00
|
16.00
|
|
Turquoise
|
-
|
0
|
-
|
-
|
|
Total (all venues)
|
15.92
|
213,172
|
15.84
|
16.20
|
Since 29 April 2024, the Company has
purchased 584,851 Ordinary Shares to be held in Treasury at a cost
(including dealing and associated costs) of £94,733.73.
It is intended that the first 25
million Ordinary Shares purchased under the Programme will be held
in Treasury for issue in due course to the Company's Employee
Benefit Trust. To the extent permitted by law, and after the
initial 25 million Ordinary Shares are purchased, all additional
Ordinary Shares purchased under the Programme will be
cancelled.
Following the above transaction,
there will be 584,851 Ordinary Shares in Treasury and 1,915,339,488
Ordinary Shares in issue (excluding Treasury shares). The total
voting rights in the Company will accordingly be 1,915,339,488.
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 and Transparency Rules.
A full breakdown of the individual
trades made by Merrill Lynch on behalf of the Company as part of
the share repurchase programme is attached to this
document.
Attachment: http://www.rns-pdf.londonstockexchange.com/rns/0855N_1-2024-5-2.pdf
LEI: 2138008LJU6WFQWOXJ73
This
announcement does not constitute, or form part of, an offer or any
solicitation of an offer for securities in any
jurisdiction.
Enquiries:
EnQuest
plc
+44 (0)20 7925 4900
Chris Sawyer, Company
Secretary