REG - Costain Group PLC - Share Buyback Programme Update

CostainAnnouncement

20/09/2024 07:15

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RNS Number : 9582E  Costain Group PLC  20 September 2024

 

 

20 September 2024

 

Costain Group PLC

On-market Share Buyback Programme of £10m - Completion of First Tranche

and Commencement of Second Tranche

 

 

Costain Group PLC ("Costain") announces that, in accordance with the terms of
its on-market share buyback programme announced on 21 August 2024 (the
"Buyback"), Panmure Liberum Limited completed the first tranche of £5m
(excluding stamp duty and expenses) on 19 September 2024, with a total of
4,909,473 ordinary shares purchased for cancellation.  Accordingly, Investec
Bank plc will now commence the second tranche of the Buyback of up to a
maximum consideration of £5m (excluding stamp duty and expenses) with effect
from today.  The second tranche of the Buyback will continue to be conducted
as set out in our announcement of 21 August 2024.

 

 

 

Enquiries:

 

 Investors and analysts      paul.sharma@costain.com

 Paul Sharma, Costain        +44 (0) 7867 501188

 Financial media - Headland  costain@headlandconsultancy.com

 Andy Rivett-Carnac          +44 (0) 7968 997365

 Charlie Twigg               +44 (0) 7946 494568

 

 

 

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