Marlowe PLC Transaction in Own Shares
October 18 2024 - 1:00AM
RNS Regulatory News
RNS Number : 6670I
Marlowe PLC
18 October 2024
18 October 2024
Marlowe plc
Transaction in Own
Shares
Marlowe plc ("Marlowe" or the "Group"), the leader in
business-critical services, announces that, in accordance with the
terms of its share buyback programme announced on 22 May 2024, the
Company has purchased 250,000 ordinary shares of 50 pence each in the capital of the Company
(the "Shares") in the market at a volume weighted average price of
335.855 pence per Share through Cavendish Capital Markets Limited
("Cavendish"). The Shares acquired will, in due course, be
cancelled.
Aggregated Information
|
Date of Purchase:
|
17/10/2024
|
|
Aggregate Number of Shares
Purchased:
|
250,000
|
|
Lowest Price Paid per Share
(pence):
|
335.855
|
|
Highest Price Paid per Share
(pence):
|
335.855
|
|
Volume-Weighted Average Price Paid
per Share (pence):
|
335.855
|
Following the cancellation of
Shares, Marlowe will have 86,786,719
ordinary shares of 50 pence each in issue and no
ordinary shares are held in treasury. This figure of
86,786,719 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 FCA's
Disclosure Guidance and Transparency Rules.
|
Individual Transactions
|
|
Number of
Shares purchased
|
Transaction price (pence per Share)
|
Time of
transaction
|
Venue
|
|
250,000
|
335.855
|
15:35
|
AIMX
|
|
For
further information:
|
|
|
|
|
|
Marlowe plc
|
|
|
Lord Ashcroft, Interim Non-Executive
Chair
Adam Councell, Chief Financial
Officer
Benjamin Tucker, Head of Investor
Relations & Strategy
|
www.marloweplc.com
Tel: +44
(0)20 3813 8498
IR@marloweplc.com
|
|
Cavendish Capital Markets Limited (Nominated Adviser &
Joint Broker)
|
|
Ben Jeynes
George Lawson
|
Tel: +44
(0)20 7220 0500
|
|
|
|
|
Investec Bank (Joint Broker)
|
|
|
Henry Reast
Oliver Cardigan
|
Tel: +44
(0)20 7597 5970
|
|
FTI
Consulting
|
|
|
Nick Hasell
Alex Le May
|
Tel: +44
(0)20 3727 1340
|
About Marlowe plc
Marlowe is a leader in
business-critical services which ensures compliance with strict
regulations and insurance requirements across Fire Safety &
Security and Water & Air Hygiene. The Group has a national
footprint and serves approximately 27,000 customers across office
complexes, high streets & leisure facilities, manufacturing
plants and industrial estates, and include thousands of SMEs, local
authorities, facilities management providers, multi-site NHS trusts
and FTSE 100 companies.
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