REG - CMC Markets Plc - Commencement of Share Buyback Programme

CMC MarketsAnnouncement

15/03/2022 07:00

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RNS Number : 7465E  CMC Markets Plc  15 March 2022

15 March 2022

CMC Markets plc

("CMC" or the "Company")

 

 

Commencement of Share Buyback Programme

 

Further to its announcement on 2 March 2022, CMC announces that it will launch
its share buyback programme of up to £30 million (the "Buyback Programme")
with immediate effect. The Buyback Programme will commence immediately and
will be completed no later than 30 June 2023, subject to continuing regulatory
approval.

 

The maximum aggregate number of shares that will be repurchased is 29,071,747
ordinary shares. The purpose of the Buyback Programme is to reduce share
capital.

 

The Company has appointed RBC Europe Limited ("RBC") to manage the Buyback
Programme on its behalf. Any purchases made during closed periods, shall be
made independently of and uninfluenced by the Company.

 

 

 

Enquiries

CMC Markets Plc

James Cartwright, Investor Relations

Euan Marshall, Chief Financial Officer

investor.relations@cmcmarkets.com (mailto:investor.relations@cmcmarkets.com)

 

 

 

 

 

LEI of CMC Markets plc: 213800VB75KAZBFH5U07

 

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