Allied Minds PLC Rule 2.9 Announcement - Transaction in own shares (4115H)

TIDMALM

RNS Number : 4115H

Allied Minds PLC

24 November 2022

24 November 2022

Allied Minds Plc

("the "Company")

Rule 2.9 Announcement - Transaction in own shares

Allied Minds plc (AIM: ALM, 'Allied Minds' or 'the Company') announces that, in accordance with the terms of its share buyback programme announced on 17 November 2022 ("Share Buyback Programme"), the Company purchased the following number of its Ordinary Shares of GBP0.01 each ("Ordinary Shares") through Numis Securities Limited. The Ordinary Shares purchased will be held in treasury until transferred by the Company to the directors and employees in satisfaction of awards under the 2014 Long Term Incentive Plan ("LTIP").

 
 Date of purchase:                                            23 November 
                                                                     2022 
 Volume of Allied Minds shares purchased:                         560,048 
 Average market price paid per share (GBp):                        9.4000 
 Highest price paid per share (GBp):                                9.400 
 Lowest price paid per share (GBp):                                 9.400 
 

In accordance with Rule 2.9 of The City Code on Takeovers and Mergers, Allied Minds confirms that, as at the date and time of this announcement , the remaining number of Ordinary Shares in issue will be 238,266,961 (excluding treasury shares), and the Company hold 1,383,312 Ordinary Shares in treasury. Therefore, the total voting rights in the Company will be 238,266,961. This figure for the total number of voting rights 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. The International Securities Identification Number for Allied Minds Ordinary Shares is GB00BLRLH124.

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 Numis Securities Limited as part of the Share Buyback Programme.

Schedule of Purchases - Individual Transactions

 
 Number of          Transaction    Time of transaction   Transaction reference   Trading 
  ordinary shares    price          (UK Time)             number                  venue 
  purchased          (GBp share) 
 25000              9.40           08:33:49              00062304234TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 25000              9.40           08:33:49              00062304235TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 27295              9.40           08:55:59              00062305229TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 222705             9.40           08:55:59              00062305230TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 2444               9.40           10:34:55              00062309612TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 22556              9.40           11:50:10              00062312753TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 400                9.40           12:28:41              00062314338TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 17958              9.40           13:08:41              00062316194TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 8851               9.40           13:30:22              00062316950TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 26188              9.40           13:30:24              00062316952TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 25000              9.40           15:41:13              00062326641TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 75000              9.40           15:41:13              00062326642TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 9028               9.40           15:41:20              00062326650TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 12939              9.40           15:45:55              00062327110TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 3442               9.40           15:50:37              00062327331TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 56242              9.40           15:50:37              00062327332TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 

The Company will make further regulatory announcements to shareholders in respect of purchases of Ordinary Shares by the Company as they occur.

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
 Allied Minds plc                       c/o Instinctif Partners 
 
 JTC (UK) Limited - Company Secretary   0203 846 9774 
  Christopher Gibbons                    [e-mail] 
 
 Instinctif Partners - Communications 
  Tim Linacre / Rozi Morris / Joe         [e-mail] 
  Quinlan 
 

The Company's LEI is 213800YB4G7YN21NLL72

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November 24, 2022 02:00 ET (07:00 GMT)