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Ecora Resources PLC Announces Transaction in Own Shares

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Ecora Resources PLC announces the purchase of 150,000 ordinary shares on the London Stock Exchange as part of its share buyback program. The Company now holds 6,113,072 shares in treasury out of a total of 261,732,553 shares in issue.
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LONDON, UK / ACCESSWIRE / April 9, 2024 / Ecora Resources PLC ("Ecora" or the "Company")(LSE:ECOR)(TSX:ECOR)(OTCQX:ECRAF) announces that on 9 April 2024, it purchased 150,000 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:

9 April 2024

Aggregate number of ordinary shares purchased:

150,000

Lowest price paid per share (pence per share):

83.80

Highest price paid per share (pence per share):

83.80

Volume weighted average price paid per share (pence per share):

83.80

Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 6,113,072 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 255,619,481.

The above figure of 255,619,481 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

09/04/2024

15:13:22

83.80

150,000

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?

Ecora Resources PLC purchased 150,000 ordinary shares.

What is the total number of ordinary shares in issue after the purchase?

After the purchase, Ecora Resources PLC will have 261,732,553 ordinary shares in issue.

How many ordinary shares does Ecora Resources PLC hold in treasury?

Ecora Resources PLC holds 6,113,072 ordinary shares in treasury.

What was the lowest price paid per share in the purchase?

The lowest price paid per share in the purchase was 83.80 pence.

Who facilitated the share purchase for Ecora Resources PLC?

Peel Hunt LLP facilitated the share purchase for Ecora Resources PLC.

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