Castings PLC Transaction in Own Shares (3361K)

TIDMCGS

RNS Number : 3361K

Castings PLC

04 May 2022

04 May 2022

Castings PLC (LSE: CGS)

("Castings" or the "Company")

Transaction in Own Shares Amendment

Castings Plc ("Castings" or the "Company") announces that it has made the following purchases of ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") from Canaccord Genuity Limited on the London Stock Exchange ("LSE") pursuant to the Share Buyback Programme announced on 15 March 2022.

 
 Date of purchase                                   04 May 2022 
 Number of Ordinary Shares purchased (aggregated 
  volume):                                          2,600 
 Highest Price paid per Ordinary Share (GBP):       3.20 
 Lowest Price paid per Ordinary Share (GBP):        3.20 
 Volume Weighted Average Price paid per 
  Ordinary Share (GBP):                             3.20 
 Venue where Ordinary Shares are traded             London Stock Exchange 
 

The Company will hold the repurchased shares in treasury. Following settlement of the above transaction, the Company's issued share capital will comprise 43,632,068 Ordinary Shares, including 51,800 Ordinary Shares held in treasury.

Therefore, the figure of 43,580,268 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Share Buyback Programme.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Canaccord Genuity Limited on behalf of Castings.

Individual transactions:

 
 Number of shares   Transaction price    Time of transaction       Trading venue 
     purchased       (pence per share) 
      2,600               320.0               11:13:24         London Stock Exchange 
                   -------------------  --------------------  ---------------------- 
 

Enquiries:

 
 Castings plc 
  S J Mant, Director and Company Secretary      [phone] 
 Canaccord Genuity Limited 
  Adam James 
  Patrick Dolaghan                              [phone] 
 

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

POSDZGGKFDNGZZM

(END) Dow Jones Newswires

May 04, 2022 09:48 ET (13:48 GMT)