REG - Andrews Sykes Group - Transaction in Own Shares

Andrews SykesAnnouncement

01/12/2022 07:00

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RNS Number : 1660I  Andrews Sykes Group PLC  01 December 2022

1 December 2022

 

Andrews Sykes Group PLC

("Andrews Sykes" or the "Company")

Transaction in Own Shares

 

The Company announces that, on 30 November 2022, it re-purchased 26,314
ordinary shares of one pence each in the capital of the Company ("Ordinary
Shares") at nominal value per Ordinary Share (the "Repurchase").

 

The Ordinary Shares the subject of the Repurchase were those of untraced
shareholders, i.e. shareholders who had not claimed or cashed any dividend
payments from the Company over a period of at least 12 years. The Repurchase,
which was undertaken in accordance with the Company's Articles of Association,
only took place after an extensive shareholder identification and share
forfeit notification process by the Company.

 

The Repurchase equates to approximately 0.1 per cent. of the issued Ordinary
Shares and was undertaken in accordance with the terms of the general
authority to make market purchases of Ordinary Shares granted to the Company
by its shareholders at its Annual General meeting on 14 June 2022. The
Re-Purchase was executed on the London Stock Exchange through the Company's
broker, Arden Partners.

 

The Ordinary Shares the subject of the Re-Purchase will be cancelled with
immediate effect (the "Cancellation").

 

Following the Re-Purchase and the Cancellation, the number of issued Ordinary
Shares with voting rights in the Company is 42,148,045. This figure represents
the total voting rights in the Company and may be used by shareholders as the
denominator for the calculations by which they can determine if they are
required to notify their interest in, or a change to their interest in the
Company under the Financial Conduct Authority's Disclosure and Transparency
Rules.

 

 

Enquiries:

 

 Andrews Sykes Group plc                            +44 (0)1902 328 700
 Ian Poole, Finance Director and Company Secretary

 Houlihan Lokey UK Limited (Nominated Adviser)      +44 (0) 20 7484 4040
 Tim Richardson

 

 Arden Partners (Broker)  +44 (0) 20 7614 5900
 Steve Douglas

 

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