Ecora Resources PLC Announces Transaction in Own Shares

Rhea-AI Summary

Ecora Resources PLC purchased 100,000 ordinary shares on the London Stock Exchange as part of its share buyback program. The company now has 261,732,553 ordinary shares, with 9,800,656 held in treasury. Shareholders can use 251,931,897 as the denominator for disclosure calculations. Peel Hunt LLP facilitated the trades at a price of 81.00 pence per share.

Transaction in Own Shares

LONDON, UK / ACCESSWIRE / April 26, 2024 / Ecora Resources PLC (LSE:ECOR)(TSX:ECOR) announces that on 25 April 2024, it purchased 100,000 ordinary shares of 2p each in the Company (the "Shares") on the London Stock Exchange through Peel Hunt LLP, in accordance with the terms of its share buyback programme announced on 27 March 2024 (the "Programme"). The shares acquired will be held in treasury.

Date of purchase:	25 April 2024
Aggregate number of ordinary shares purchased:	100,000
Lowest price paid per share (pence per share):	81.00
Highest price paid per share (pence per share):	81.00
Volume weighted average price paid per share (pence per share):	81.00

Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 9,800,656 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 251,931,897.

The above figure of 251,931,897 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.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Peel Hunt LLP as part of the Programme.

Name of Issuer	Identity code of the financial instrument	Date	Time	Price (pence)	Quantity bought	Exchange Venue
Ecora Resources PLC	GB0006449366	25/04/2024	13:32:49	81.00	100,000	LSE

For further information

Ecora Resources PLC	+44 (0) 20 3435 7400
Jason Gray - Company Secretary
Website:	www.ecora-resources.com
FTI Consulting Sara Powell / Ben Brewerton / Nick Hennis	+44(0) 20 3727 1000 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 or visit www.rns.com.

SOURCE: Ecora Resources PLC

View the original press release on accesswire.com

FAQ

How many ordinary shares did Ecora Resources PLC purchase in the recent transaction?

Ecora Resources PLC purchased 100,000 ordinary shares in the recent transaction.

What was the price per share in the transaction?

The lowest, highest, and volume weighted average price paid per share was 81.00 pence.

Who facilitated the trades for Ecora Resources PLC?

Peel Hunt LLP facilitated the trades for Ecora Resources PLC.

How many ordinary shares does Ecora Resources PLC have after the recent purchase?

After the purchase, Ecora Resources PLC has 261,732,553 ordinary shares, with 9,800,656 held in treasury.

What figure can shareholders use for disclosure calculations?

Shareholders can use 251,931,897 as the denominator for disclosure calculations.

When did Ecora Resources PLC announce the share buyback program?

Ecora Resources PLC announced the share buyback program on 27 March 2024.

What is the contact information for Ecora Resources PLC?

For further information, contact Ecora Resources PLC at +44 (0) 20 3435 7400 or visit their website at www.ecora-resources.com.

Who is the Company Secretary of Ecora Resources PLC?

Jason Gray is the Company Secretary of Ecora Resources PLC.