Ecora Resources PLC Announces Transaction in Own Shares

Rhea-AI Summary

Ecora Resources PLC purchased 250,000 ordinary shares through its share buyback program on the London Stock Exchange. The lowest price paid per share was 79.75 pence, the highest was 80.80 pence, and the volume weighted average price was 80.59 pence. After the purchase, the company will have 261,732,553 ordinary shares, with 9,600,656 held in treasury.

Transaction in Own Shares

LONDON, UK / ACCESSWIRE / April 24, 2024 / Ecora Resources PLC (LSE:ECOR)(TSX:ECOR) announces that on 23 April 2024, it purchased 250,000 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:	23 April 2024
Aggregate number of ordinary shares purchased:	125,000
Lowest price paid per share (pence per share):	79.75
Highest price paid per share (pence per share):	80.80
Volume weighted average price paid per share (pence per share):	80.59

Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 9,600,656 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 252,131,897.

The above figure of 252,131,897 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	23/04/2024	12:34:19	80.80	100,000	LSE
Ecora Resources PLC	GB0006449366	23/04/2024	16:30:05	79.75	25,000	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 250,000 ordinary shares.

What was the lowest price paid per share by Ecora Resources PLC?

The lowest price paid per share by Ecora Resources PLC was 79.75 pence.

What was the highest price paid per share by Ecora Resources PLC?

The highest price paid per share by Ecora Resources PLC was 80.80 pence.

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

After the purchase, Ecora Resources PLC will have 261,732,553 ordinary shares, with 9,600,656 held in treasury.

How can shareholders determine their interest in Ecora Resources PLC?

Shareholders can use the total number of ordinary shares, 252,131,897, to determine their interest in Ecora Resources PLC.