REG - Britvic plc - Commencement of Share Buy-Back Programme

BritvicAnnouncement

23/05/2022 07:00

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RNS Number : 3984M  Britvic plc  23 May 2022

Britvic plc

LEI: 635400L3NVMYD4BVCI53

 

Commencement of Share Buy-Back Programme

23 May 2022

Following the announcement of its interim results on 17 May 2022, Britvic plc
("Britvic") is pleased to announce that it has entered into non-discretionary
instructions with Citigroup Global Markets Limited ("Citi") to conduct a share
buyback programme (the "Programme") on its behalf and to make trading
decisions independently of Britvic. The Programme will be for a maximum
aggregate market value equivalent to £75 million which will be bought back in
the form of Britvic ordinary shares. The Programme will commence today, 23 May
2022 and will end on or before 28 February 2023. The sole purpose of the
Programme is to reduce share capital.

The Programme will take place within the limitations of the authority granted
to the Board of Britvic by its annual general meeting, held on 27 January
2022, pursuant to which the maximum number of shares to be bought back by
Britvic is 26,736,653.

 

For further information please contact:

   Investors:
   Joanne Wilson (Chief Financial Officer)                       +44 (0) 121 711 1102
   Steve Nightingale (Director of Investor Relations)            +44 (0) 7808 097 784
   Media:
   Stephanie Macduff-Duncan (Head of Corporate Communications)   +44 (0) 7808 097 680
   Stephen Malthouse (Headland)                                  +44 (0) 7734 956 201

 

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