Castings PLC Transaction in Own Shares (8507K)

TIDMCGS

RNS Number : 8507K

Castings PLC

09 May 2022

09 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                                   09 May 2022 
 Number of Ordinary Shares purchased (aggregated 
  volume):                                          3,400 
 Highest Price paid per Ordinary Share (GBP):       3.18 
 Lowest Price paid per Ordinary Share (GBP):        3.18 
 Volume Weighted Average Price paid per 
  Ordinary Share (GBP):                             3.18 
 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 61,500 Ordinary Shares held in treasury.

Therefore, the figure of 43,570,568 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) 
      3,400               318.0               16:22:01         London Stock Exchange 
                   -------------------  --------------------  ---------------------- 
 

Enquiries:

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

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(END) Dow Jones Newswires

May 09, 2022 12:58 ET (16:58 GMT)