Ecora Resources PLC Announces Transaction in Own Shares
Ecora Resources PLC announced the purchase of 100,000 ordinary shares on the London Stock Exchange as part of its share buyback program. The company now holds 261,732,553 ordinary shares, with 10,250,656 in treasury. Shareholders can use the figure of 251,481,897 to determine their interests. The Market Abuse Regulation details the trades made by Peel Hunt LLP.
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Transaction in Own Shares
LONDON, UK / ACCESSWIRE / May 2, 2024 / Ecora Resources PLC (LSE:ECOR)(TSX:ECOR) announces that on 1 May 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: | 1 May 2024 |
| Aggregate number of ordinary shares purchased: | 100,000 |
| Lowest price paid per share (pence per share): | 82.00 |
| Highest price paid per share (pence per share): | 82.20 |
| Volume weighted average price paid per share (pence per share): | 82.10 |
Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 10,250,656 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 251,481,897.
The above figure of 251,481,897 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 | 01/05/2024 | 10:12:53 | 82.20 | 50,000 | LSE |
Ecora Resources PLC | GB0006449366 | 01/05/2024 | 15:42:37 | 82.00 | 50,000 | LSE |
For further information
Ecora Resources PLC | +44 (0) 20 3435 7400 |
Jason Gray - Company Secretary | |
Website: | |
FTI Consulting Sara Powell / Ben Brewerton / Nick Hennis | +44(0) 20 3727 1000 |
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SOURCE: Ecora Resources PLC
View the original press release on accesswire.com
FAQ
When did Ecora Resources PLC purchase 100,000 ordinary shares?
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Who facilitated the trades as part of the share buyback program?
What regulation governs the detailed information of the trades made by Peel Hunt LLP?
