REG - Marlowe PLC - Transaction in Own Shares

MarloweAnnouncement

22/04/2025 07:00

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RNS Number : 5593F  Marlowe PLC  22 April 2025

22 April 2025

 

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 230,000 ordinary
shares of 50 pence each in the capital of the Company (the "Shares") in the
market at a volume weighted average price of 322.81 pence per Share through
Cavendish Capital Markets Limited ("Cavendish"). The Shares acquired will, in
due course, be cancelled.

 

 

Aggregated Information

 

 Date of Purchase:                                      17/04/2025
 Aggregate Number of Shares Purchased:                  230,000
 Lowest Price Paid per Share (pence):                   322.25
 Highest Price Paid per Share (pence):                  323.00
 Volume-Weighted Average Price Paid per Share (pence):  322.81

 

 

Following the cancellation of Shares, Marlowe will have 78,592,859 ordinary
shares of 50 pence each in issue and no ordinary shares are held in treasury.
This figure 78,592,859 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
 50,000                      322.75                               09:57                AIMX
 75,000                      323.00                               11:02                AIMX
 25,000                      322.50                               13:48                AIMX
 25,000                      322.25                               14:41                AIMX
 55,000                      323.00                               16:35                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 Group Reporting    IR@marloweplc.com (mailto:IR@marloweplc.com)

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

 George Lawson

 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 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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