REG - 3i Group PLC - Commencement of Share Buyback Programme

3iAnnouncement

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RNS Number : 2344E  3i Group PLC  14 May 2026

 

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of the EU Market Abuse Regulation (596/2014). Upon the
publication of this announcement, this information is considered to be in the
public domain.

 

3i Group plc to commence share buyback programme of up to £750 million

 

3i Group plc ("3i" or the "Company") announces that it will commence a share
buyback programme of its ordinary shares of 73 19/22p each ("Shares") for up
to a maximum aggregate consideration of £750 million (the "Programme").

The Programme will commence on 14 May 2026 and complete by no later than 31
December 2026. 3i has entered into an arrangement with Barclays Bank PLC,
acting through its investment bank (the "Broker") to undertake the Programme
by making market purchases, as riskless principal, of the Shares on the London
Stock Exchange or another recognised investment exchange (the "Agreement").

The Broker will make trading decisions under the Programme independently of
3i, subject to certain parameters agreed between the Broker and 3i prior to
the commencement of the Programme and to 3i's right to terminate the
Agreement.

Shares acquired by the Broker will subsequently be sold on to 3i and will be
cancelled. The purpose of the Programme is therefore to reduce 3i's share
capital.

Prior to the Company's 2026 Annual General Meeting (the "2026 AGM"), the
maximum number of Shares that can be purchased under the Programme is
97,000,000 Shares as authorised by shareholders at the Company's 2025 Annual
General Meeting on 26 June 2025 (the "Existing Authority"). The Existing
Authority will expire at the earlier of 25 September 2026 or the 2026 AGM,
where the Company expects to seek renewal of the Existing Authority (the
"Renewed Authority"). The continuation of the Programme following the 2026 AGM
is subject to approval of the Renewed Authority and purchases of Shares
pursuant to the Programme remaining within the Renewed Authority (if
applicable).

Any purchase of Shares under the Programme will be executed in accordance with
the Existing Authority and any subsequent authority, the Market Abuse
Regulation 596/2014 and the Commission Delegated Regulation (EU) 2016/1052
(both as incorporated into UK domestic law by the European Union (Withdrawal)
Act 2018), and Chapter 9 of the Financial Conduct Authority's UK Listing
Rules.

Repurchases of Shares under the Programme will be announced by no later than
the end of the seventh daily market session following the calendar day on
which the relevant repurchase occurred.

 

 

For further information, contact:

 

 3i Group plc

 Silvia Santoro          Tel: +44 20 7975 3258

 Investor enquiries      Email: silvia.santoro@3i.com (mailto:silvia.santoro@3i.com)

 Kathryn van der Kroft   Tel: +44 20 7975 3021

 Media enquiries         Email: kathryn.vanderkroft@3i.com (mailto:kathryn.vanderkroft@3i.com)

 

Legal Entity Identifier: 35GDVHRBMFE7NWATNM84

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