REG - Marlowe PLC - Transaction in Own Shares

MarloweAnnouncement

22/08/2024 07:01

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RNS Number : 3347B  Marlowe PLC  22 August 2024

22 August 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 24,000 ordinary
shares of 50 pence each in the capital of the Company (the "Shares") in the
market at a volume weighted average price of 434.368 pence per Share through
Cavendish Capital Markets Limited ("Cavendish"). The Shares acquired will, in
due course, be cancelled.

 

 

Aggregated Information

 

 Date of Purchase:                                      21/08/2024
 Aggregate Number of Shares Purchased:                  24,000
 Lowest Price Paid per Share (pence):                   434.368
 Highest Price Paid per Share (pence):                  434.368
 Volume-Weighted Average Price Paid per Share (pence):  434.368

 

 

Following the cancellation of Shares, Marlowe will have 88,025,519 ordinary
shares of 50 pence each in issue and no ordinary shares are held in treasury.
This figure of 88,025,519 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
 24,000                      434.368                              14.47                AIMX

 

 For further information:

 Marlowe plc
 Lord Ashcroft, Interim Non-Executive Chair                   www.marloweplc.com

 Adam Councell, Chief Financial Officer                       Tel: +44 (0)20 3813 8498

 Benjamin Tucker, Head of Investor Relations & Strategy       IR@marloweplc.com (mailto:IR@marloweplc.com)

 Cavendish Capital Markets Limited (Nominated Adviser & Joint Broker)
 Ben Jeynes                                                   Tel: +44 (0)20 7220 0500

 George Lawson

 Investec Bank (Joint Broker)
 Henry Reast                                                  Tel: +44 (0)20 7597 5970

 Oliver Cardigan
 FTI Consulting
 Nick Hasell                                                  Tel: +44 (0)20 3727 1340

 Alex Le May

 

About Marlowe plc

Marlowe is a leader in business-critical services which ensures compliance
with strict regulations and insurance requirements across Fire Safety &
Security, Water & Air Hygiene and Occupational Health. The Group has a
national footprint and serves over 30,000 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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