REG - Compass Group PLC - Transaction in Own Shares

CompassAnnouncement

12/04/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240412:nRSL3487Ka&default-theme=true

RNS Number : 3487K  Compass Group PLC  12 April 2024

     LEI: 2138008M6MH9OZ6U2T68

     COMPASS GROUP PLC (the "Company")

TRANSACTION IN OWN SHARES

     The Company announces that on 11 April 2024 it purchased, in accordance with
     the authority granted by shareholders at its 2023 Annual General Meeting held
     on 9 February 2023, a total of 227,000 of its ordinary shares of 11 1/20 pence
     each (the "Ordinary Shares") through the Company's broker, BNP Paribas
     Financial Markets, as detailed below. The purchased Ordinary Shares will be
     held in treasury and are expected to be used to meet obligations arising from
     employee share schemes, or other allocations of Ordinary Shares, to employees
     or directors.

     Venue                  Number of Ordinary Shares purchased  Highest price paid (per Ordinary Share)  Lowest price paid (per Ordinary Share)  Volume weighted average price paid (per Ordinary Share)
     CBOE BXE               22,432                               £21.9000                                 £21.7100                                £21.8021
     CBOE CXE               14,919                               £21.9600                                 £21.7100                                £21.8348
     London Stock Exchange  174,745                              £22.1100                                 £21.6900                                £21.8077
     Turquoise              14,904                               £21.9400                                 £21.6900                                £21.7912

Number of Ordinary Shares purchased

Highest price paid (per Ordinary Share)

Lowest price paid (per Ordinary Share)

Volume weighted average price paid (per Ordinary Share)

CBOE BXE

22,432

£21.9000

£21.7100

£21.8021

CBOE CXE

14,919

£21.9600

£21.7100

£21.8348

London Stock Exchange

174,745

£22.1100

£21.6900

£21.8077

Turquoise

14,904

£21.9400

£21.6900

£21.7912

     The purchases form part of the Company's market equivalent of $250 million
     (being £197.34 million as at 1 December 2023) share buyback announced on 4
     December 2023, which is the initial stage of the Company's $500 million share
     buyback announced on 20 November 2023 to be completed in 2024 subject to
     M&A activity.

     Following the above purchases, the Company holds 81,684,324 Ordinary Shares in
     treasury and has 1,703,719,653 Ordinary Shares in issue. Therefore, the total
     number of voting rights in the Company is 1,703,719,653 Ordinary Shares and
     this figure may be used by shareholders as the denominator for the
     calculations by which they will 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 Guidance and Transparency Rules.
     In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
     Abuse Regulation) (as in force in the UK and as amended by the Market Abuse
     (Amendment) (EU Exit) Regulations 2019), the detailed breakdown of individual
     trades made by BNP Paribas Financial Markets on behalf of the Company as part
     of the share buyback programme is set out below.
     This announcement does not constitute, or form part of, an offer or any
     solicitation of an offer for securities in any jurisdiction.

       Schedule of Purchases - Individual Transactions
     Issuer Name                                                           Compass Group PLC
     LEI                                                                   2138008M6MH9OZ6U2T68
     ISIN                                                                  GB00BD6K4575
     Intermediary Name                                                     BNP Paribas Financial Markets
     Intermediary                                                          6EWKU0FGVX5QQJHFGT48
     Timezone                                                              UTC
     Currency                                                              GBP

     Please click on the link below to see the transactions.

     http://www.rns-pdf.londonstockexchange.com/rns/3487K_1-2024-4-11.pdf
     (http://www.rns-pdf.londonstockexchange.com/rns/3487K_1-2024-4-11.pdf)

     Enquiries

 

Investors:
     Agatha Donnelly & Helen
     Javanshiri                      +44 (0) 1932 573 000

Press:                         Giles
     Robinson
     +44 (0) 1932 963 486

Website:                    www.compass-group.com

 Number of Ordinary Shares purchased

 Highest price paid (per Ordinary Share)

 Lowest price paid (per Ordinary Share)

 Volume weighted average price paid (per Ordinary Share)

 CBOE BXE

 22,432

 £21.9000

 £21.7100

 £21.8021

 CBOE CXE

 14,919

 £21.9600

 £21.7100

 £21.8348

 London Stock Exchange

 174,745

 £22.1100

 £21.6900

 £21.8077

 Turquoise

 14,904

 £21.9400

 £21.6900

 £21.7912

The purchases form part of the Company's market equivalent of $250 million
(being £197.34 million as at 1 December 2023) share buyback announced on 4
December 2023, which is the initial stage of the Company's $500 million share
buyback announced on 20 November 2023 to be completed in 2024 subject to
M&A activity.

 

 

 

 

 

 

 

Following the above purchases, the Company holds 81,684,324 Ordinary Shares in
treasury and has 1,703,719,653 Ordinary Shares in issue. Therefore, the total
number of voting rights in the Company is 1,703,719,653 Ordinary Shares and
this figure may be used by shareholders as the denominator for the
calculations by which they will 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 Guidance and Transparency Rules.

 

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation) (as in force in the UK and as amended by the Market Abuse
(Amendment) (EU Exit) Regulations 2019), the detailed breakdown of individual
trades made by BNP Paribas Financial Markets on behalf of the Company as part
of the share buyback programme is set out below.

 

 

This announcement does not constitute, or form part of, an offer or any
solicitation of an offer for securities in any jurisdiction.

 

 

 

 

 

 

 

  Schedule of Purchases - Individual Transactions

 

 

 

Issuer Name

Compass Group PLC

LEI

2138008M6MH9OZ6U2T68

ISIN

GB00BD6K4575

Intermediary Name

BNP Paribas Financial Markets

Intermediary

6EWKU0FGVX5QQJHFGT48

Timezone

UTC

Currency

GBP

Please click on the link below to see the transactions.

http://www.rns-pdf.londonstockexchange.com/rns/3487K_1-2024-4-11.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/3487K_1-2024-4-11.pdf)

Enquiries

 

Investors:
Agatha Donnelly & Helen
Javanshiri                      +44 (0) 1932 573 000

Press:                         Giles
Robinson
+44 (0) 1932 963 486

Website:                    www.compass-group.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSQKDBKOBKDDQD