BP PLC Transaction in Own Shares (8220A)

TIDMBP.

RNS Number : 8220A

BP PLC

24 January 2024

BP p.l.c.

Transaction in Own Shares

BP p.l.c. (the "Company") announces that on 24 January 2024 it has purchased, in accordance with the authority granted by shareholders at the 2023 Annual General Meeting of the Company, a total of 5,443,901 of its ordinary shares of $0.25 each ("Shares") on the London Stock Exchange and Cboe (UK) as part of the buyback programme announced on 31 October 2023 (the "Programme") and as detailed below:

 
                                London Stock   Cboe (UK)/BXE   Cboe (UK)/CXE 
                                  Exchange 
 Number of Shares purchased:     3,330,871        447,172        1,665,858 
                               -------------  --------------  -------------- 
 Highest price paid per 
  Share (pence):                   453.05         453.05          453.05 
                               -------------  --------------  -------------- 
 Lowest price paid per 
  Share (pence):                   447.95         448.05          448.05 
                               -------------  --------------  -------------- 
 Volume weighted average 
  price paid per Share 
  (pence):                        450.3830       450.5735        450.2885 
                               -------------  --------------  -------------- 
 

The Company intends to cancel these shares in accordance with the authority granted by its shareholders at the Company's 2023 Annual General Meeting.

The schedule below contains detailed information about the purchases made by Morgan Stanley & Co. International p.l.c. (Intermediary code: MSLNGB2X) on the date of purchase as part of the Programme.

Further enquiries:

   bp Investor Relations         [phone] 

Schedule of Purchases

Shares purchased: BP p.l.c. (ISIN CODE: GB0007980591)

Aggregate information:

 
         Venue               Volume-weighted       Aggregated volume 
                           average price (pence) 
 London Stock Exchange           450.3830              3,330,871 
                         -----------------------  ------------------ 
     Cboe (UK)/BXE               450.5735               447,172 
                         -----------------------  ------------------ 
     Cboe (UK)/CXE               450.2885              1,665,858 
                         -----------------------  ------------------ 
 

Individual transactions:

To view details of the individual transactions, please paste the following URL into the address bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/8220A_1-2024-1-24.pdf

The above Transaction in Own Shares announcement is prepared on a trade basis. It is expected the shares purchased will be delivered to the Company in two working days.

The below Total Number of Voting Rights announcement is prepared on a settlement basis. Only purchased shares delivered to the company for cancellation have been deducted from the total voting rights.

Publication of new total number of voting rights according to Sec. 41 WpHG

Publication of total number of voting rights

1. Information on the issuer

BP p.l.c.

1 St. James's Square

London

SW1Y 4PD

UK

2. Type of capital measure

 
     Type of capital measure        Status at / date 
                                     of effectiveness 
     Issue of subscription shares 
      (Section 41 (2) WpHG) 
    -----------------------------  ------------------ 
 X   Other capital measure (-- 41   24 January 2024 
      (1) WpHG) 
    -----------------------------  ------------------ 
 

3. New total number of voting rights:

 
 No. Ordinary shares of US$0.25 
  each (excluding treasury shares)       17,095,158,965 
 No. Preference shares of GBP1 
  each                                   12,706,252 
                                        --------------- 
 No. Ordinary shares held in treasury    725,781,896 
                                        --------------- 
 New total number of voting rights 
  (including treasury shares):           17,826,023,361 
                                        --------------- 
 

Ordinary shares have one vote per share and preference shares two votes for every GBP5 in nominal capital held.

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 [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSUSUBRSOUAUAR

(END) Dow Jones Newswires

January 24, 2024 12:26 ET (17:26 GMT)