Funding Circle Plc: Share Repurchase Programme
Funding Circle Holdings plc (“Funding Circle”) announces a discretionary programme to purchase ordinary shares of £0.001 each in its share capital (the “Ordinary Shares”) up to a maximum consideration of £25 million (the “Programme”).
- Funding Circle Holdings plc (“Funding Circle”) announces a discretionary programme to purchase ordinary shares of £0.001 each in its share capital (the “Ordinary Shares”) up to a maximum consideration of £25 million (the “Programme”).
- It is expected that, unless terminated earlier, the Programme will end on the date on which the total GBP purchase price of all Ordinary Shares purchased by Funding Circle pursuant to the Programme is equal to, or as close as possible to, £25 million.
- The Company has appointed its broker, Numis Securities Limited (“Deutsche Numis”), to manage the share buyback programme to repurchase Ordinary Shares on its behalf.
- Following the expiry of the 2023 AGM repurchase authority, or to the extent that Funding Circle meets the limit of that authority prior to the 2024 AGM, Funding Circle will seek further repurchase authority at the 2024 AGM or an earlier General Meeting.