REG - Celebrus Tech - Launch of New Share Buyback Programme

Celebrus TechnologiesAnnouncement

08/07/2025 13:45

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RNS Number : 2160Q  Celebrus Technologies PLC  08 July 2025

 

Celebrus Technologies plc

 

Launch of New Share Buyback Programme

 

Celebrus Technologies plc (AIM: CLBS, the "Group", "Celebrus"), the AIM-listed
data solutions provider, announces that the Board has approved a share buyback
programme of up to 500,000 ordinary shares of 2 pence each in the capital of
the Company ("Ordinary Shares") (the "Buyback Programme").

The Company has instructed Cavendish to conduct the Buyback Programme on its
behalf on a broker-managed basis, with trading decisions taken independently
of the Company. The Buyback Programme commences today and ends no later than
three months from today, on 8 October 2025, or earlier if the maximum number
of Ordinary Shares has been reached.

The Buyback Programme will be conducted in accordance with the terms of the
Company's authority to make market purchases of its own Ordinary Shares
granted to it by shareholders on 8 August 2024 (the "Authority"), including
that the maximum price paid per Ordinary Share is to be no more than 105 per
cent. of the average middle market closing price of an Ordinary Share for the
five business days preceding the date of any buyback.  The Authority will
expire at the Company's next annual general meeting ("AGM") expected to be
held on 20 August 2025 at which a proposal (amongst others) will be put to
shareholders to renew the Company's ability to make market purchases of its
Ordinary Shares.  Accordingly the Buyback Programme will continue after that
date pursuant to such renewed authority and will be conditional on the
approval of the same by shareholders.

The Company intends to hold all Ordinary Shares so purchased in treasury for
the purpose of satisfying future obligations in relation to its employees' or
other share schemes.

Due to the limited liquidity in the issued Ordinary Shares, a buyback of
Ordinary Shares pursuant to the Authority (or its successor) on any given
trading day may represent a significant proportion of the daily trading volume
in the Ordinary Shares on AIM and could exceed 25 per cent. of the average
daily trading volume and, accordingly, the Company will not benefit from the
exemption contained in Article 5(1) of Regulation (EU) No. 596/2014 as adopted
into UK law by the European Union (Withdrawal) Act 2018.

The Company will make further announcements in due course following any share
purchases under the Buyback Programme.

 

 Enquiries

 Celebrus Technologies plc             +44 (0) 1932 893333

 Bill Bruno, Chief Executive Officer   investors@celebrus.com

 Ash Mehta, Chief Financial Officer

 Cavendish (Nominated Adviser & Joint Broker)                            +44 (0) 20 7220 0500

 Julian Blunt / Edward Whiley / Elysia Bough, Corporate Finance

 Tim Redfern / Harriet Ward, Corporate Broking

 Canaccord Genuity (Joint Broker)      +44 (0) 20 7523 8000

 Simon Bridges / Andrew Potts

 

About Celebrus Technologies plc

 

For over 25 years, Celebrus has set the gold standard globally for improving
marketing effectiveness and preventing fraud across all industries. We are
laser-focused on improving the relationships between brands and consumers via
better data. This means innovating better ways to manage digital identity and
know your consumers, even when they're not logged in. Celebrus provides
frictionless data capture across all digital channels and devices, ensures
compliance by design, and ultimately makes digital data instantly usable
wherever required. We thrive on solving complex digital data challenges to
help businesses succeed.

 

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