Ecora Resources PLC Announces Transaction in Own Shares

Rhea-AI Summary

Ecora Resources PLC announces the purchase of 350,000 ordinary shares under its share buyback program. The company bought shares at prices ranging from 78.00p to 78.40p per share, with a volume-weighted average price of 78.11p. After the purchase, Ecora will have 256,958,401 ordinary shares with voting rights.

Transaction in Own Shares

LONDON, UK / ACCESSWIRE / April 4, 2024 / Ecora Resources PLC (LSE:ECOR)(TSX:ECOR) announces that on 3 April 2024, it purchased 350,000 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:	3 April 2024
Aggregate number of ordinary shares purchased:	350,000
Lowest price paid per share (pence per share):	78.00
Highest price paid per share (pence per share):	78.40
Volume weighted average price paid per share (pence per share):	78.11

Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 4,774,152 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 256,958,401.

The above figure of 256,958,401 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	03/04/2024	08:45:26	78.00	250,000	LSE
Ecora Resources PLC	GB0006449366	03/04/2024	10:03:34	78.40	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

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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 350,000 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 78.00p.

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

After the purchase, Ecora Resources PLC will have 256,958,401 ordinary shares with voting rights.

Who facilitated the share purchase for Ecora Resources PLC?

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

What is the volume-weighted average price paid per share by Ecora Resources PLC?

The volume-weighted average price paid per share by Ecora Resources PLC was 78.11p.