REG - Ecora Resources PLC - Completion of U$10 million Buyback Programme

Ecora ResourcesAnnouncement

31/05/2024 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240531:nRSe5552Qa&default-theme=true

RNS Number : 5552Q  Ecora Resources PLC  31 May 2024

 

 

31 May 2024

 

Ecora Resources PLC

("Ecora" or the "Company")

 

Completion of U$10 million Buyback Programme

 

Ecora Resources PLC (LSE/TSX: ECOR) announces that following the purchase of
ordinary shares on 30 May 2024, the Company's share buyback programme (the
"Programme"), as announced on 27 March 2024, has been completed.

 

Over the course of the Programme, the Company has acquired in aggregate
9,491,317 ordinary shares of 2 pence each in the Company (the "Ordinary
Shares") between 27 March 2024 and 30 May 2024 for a total consideration of
U$10 million, at a volume weighted average price of approximately 83.77 pence
per share. The Ordinary Shares repurchased under the Programme will be held in
treasury.

 

All purchases made under the Programme were made on the London Stock Exchange
through the Company's broker, Peel Hunt LLP.

 

The Company has 261,732,553 Ordinary Shares in issue, of which 13,320,469
Ordinary Shares are now held in treasury. Therefore, the total number of
Ordinary Shares carrying voting rights is 248,412,084.

 

The above figure of 248,412,084 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.

 

 

 

For further information:

 

 Ecora Resources PLC                        +44 (0) 20 3435 7400
 Jason Gray - Company Secretary

 Website:                                   www.ecora-resources.com (http://www.ecora-resources.com)

 FTI Consulting                             +44(0) 20 3727 1000
 Sara Powell / Ben Brewerton / Nick Hennis  ecoraresources@fticonsulting.com (mailto:ecoraresources@fticonsulting.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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCSDMEESELSEEI