Logistics Development Group PLC Transaction in Own Shares
April 16 2024 - 1:00AM
RNS Regulatory News
RNS Number : 6837K
Logistics Development Group PLC
16 April 2024
16th April
2024
Logistics Development Group
plc
("LDG" or the
"Company")
Transaction in Own
Shares
LDG today announces that it has made
(through Investec Bank PLC ("Investec") acting as the Company's
broker) the following buybacks of ordinary shares of £0.01 each in
the capital of the Company ("Ordinary Shares") pursuant to the share
buyback programme (the "Programme") announced on 4 April
2023.
|
Date of purchase
|
15th April
2024
|
|
Number of Ordinary Shares
purchased
|
72,210
|
|
Highest price paid per Ordinary
Share
|
10.84p
|
|
Lowest price paid per Ordinary
Share
|
|
|
Volume weighted average price per
Ordinary Share
|
10.84p
|
Notification of total voting rights in accordance with
paragraph 5.6.1 of the FCA's Disclosure Guidance and Transparency
Rules
Following the repurchase and
cancellation of the Ordinary Shares set out above, the Company's
issued share capital shall comprise 525,224,799 Ordinary Shares, of
which none are held in treasury.
Hence the figure of 525,224,799 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 LDG under the FCA's
Disclosure Guidance and Transparency Rules. The Company will
make further announcements in due course following the completion
of any further purchases pursuant to the Programme.
In accordance with Article 5(1)(b)
of the Market Abuse Regulation (EU) No 596/2014 details of the
purchase of its own Ordinary Shares by the Company, which were all
executed through Investec are set out below:
Individual Transactions:
|
Number of Ordinary Shares purchased
|
Transaction price (pence per Ordinary Share)
|
Time
of transaction
|
Trading venue
|
|
|
|
|
|
|
72,210
|
10.84
|
15:41:32
|
INVE
|
For
enquiries:
|
Logistics Development Group plc
|
Via FTI
Consulting
|
|
FTI
Consulting
Nick Hasell
Alex Le May
|
+44 (0) 20
3727 1340
|
|
|
|
|
Strand Hanson Limited
(Financial and Nominated
Adviser)
James Dance
Richard Johnson
Abigail Wennington
|
+44 (0) 20
7409 3494
|
|
Investec Bank plc
(Broker)
Gary Clarence
Harry Hargreaves
|
+44 (0) 20
7597 5970
|
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END
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