REG - Compass Group PLC - EXTENSION OF DURATION OF SHARE BUYBACK PROGRAMME

CompassAnnouncement

16/09/2022 14:30

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RNS Number : 8038Z  Compass Group PLC  16 September 2022

Legal Entity Identifier (LEI) No. 2138008M6MH9OZ6U2T68

 

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN
OFFER FOR SALE OF ANY SECURITIES OR AN OFFER OR INVITATION TO PURCHASE ANY
SECURITIES IN ANY JURISDICTION OR A SOLICITATION OF ANY VOTE OR APPROVAL.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (DIRECTLY OR INDIRECTLY) IN WHOLE
OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

 

 

EXTENSION OF DURATION OF SHARE BUYBACK PROGRAMME

 

On 26 May 2022, Compass Group PLC (the "Company") announced that it had
entered into a non-discretionary agreement with Merrill Lynch International
("MLI") in relation to the purchase by MLI, acting as riskless principal, of
the Company's ordinary shares of 11 1/20 pence each for an aggregate purchase
price of up to £500 million (the "Programme").

 

The Company now confirms that it has extended the duration of that Programme
to 16 November 2022 to ensure sufficient time to complete the Programme ahead
of the Company's full year results announcement on 21 November 2022.

 

The Programme will otherwise continue to be conducted within the parameters
set out in the announcement on 26 May 2022 (including the aggregate purchase
price of up to £500 million).

 

 

Enquiries

 

 Investors:  Agatha Donnelly & Simon Bielecki      +44 (0) 1932 573 000
 Press:      Giles Robinson                        +44 (0) 1932 963 486
 Website:    www.compass-group.com

 

 

Note to Editors:

Compass Group PLC is a world leading food service company, which generated
annual revenues of £18.1 billion in the year to 30 September 2021.  It
operates in 44 countries and employs and engages around 480,000 people. The
Company specialises in providing food and a range of support services across
the core sectors of Business & Industry, Healthcare & Senior Living,
Education, Sports & Leisure and Defence, Offshore & Remote, with an
established brand
portfolio.
 

 

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