REG - Eagle Eye Solutions - Extension of Share Buyback Long Stop Expiry Date

Eagle Eye SolutionsAnnouncement

Mon 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260202:nRSB1845Ra&default-theme=true

RNS Number : 1845R  Eagle Eye Solutions Group PLC  02 February 2026

2 February 2026

 

Eagle Eye Solutions Group plc

("Eagle Eye", the "Group", or the "Company")

 

Extension of Share Buyback Programme Long Stop Expiry Date

 

Eagle Eye, a leading SaaS and AI technology company that creates digital
connections enabling personalised, real-time marketing at scale, announces an
extension to the long stop expiry date of its existing share buyback programme
(the "Buyback Programme").

 

On 15 July 2025, the Company announced the launch of the Buyback Programme
for up to a maximum amount of £1.0 million. Since the commencement of the
Share Buyback Programme, the Company has repurchased 233,000 ordinary shares
of 1 pence each (the "Ordinary Shares") in aggregate for a total consideration
of approximately £0.64 million (excluding dealing costs). Accordingly,
approximately £0.36 million remains to be deployed under the Buyback
Programme. In order to allow the existing Buyback Programme to continue to
completion, the Board has resolved to extend the long stop expiry date for the
Buyback Programme from 28 February 2026 until the earlier of: (i) the Buyback
Programme having reached its £1.0 million maximum amount, and (ii) close of
business on 31 May 2026 unless the Company and Shore Capital Stockbrokers
Limited agree otherwise (in which event an announcement would be made).

 

The Company has instructed Shore Capital Stockbrokers Limited to conduct the
remainder of the Buyback Programme on the Company's behalf on an irrevocable
and non-discretionary basis. The Buyback Programme will be continue to be
effected within certain pre-set parameters, including that the maximum price
paid per Ordinary Share shall be no more than 105 per cent. of the trailing
five-day average mid-market price, and in accordance with and under the terms
of the general authority granted to the Board by the Company's shareholders at
the Company's annual general meeting on 19 November 2025 (the "General
Authority"). Ordinary Shares acquired under the Buyback Programme will
continue to be held in treasury and are expected to be used, inter alia, to
satisfy future obligations from Eagle Eye's staff share schemes, partially
reducing future dilution.

 

All other terms of the Buyback Programme, as set out in the Buyback Programme
launch announcement on 15 July 2025, remain unchanged. Any market purchase of
Ordinary Shares will continue to be announced no later than 7:30 a.m. on the
business day following the calendar day on which the purchase occurred.

 

Enquiries:

 

 Eagle Eye Solutions Group plc                                      Tel: 0844 824 3686
 Tim Mason, Chief Executive Officer
 Lucy Sharman-Munday, Chief Financial Officer

 Canaccord Genuity Limited (Nominated Adviser and Joint Broker)     Tel: +44 20 7523 8000
 Simon Bridges, Harry Gooden, Andrew Potts, Elizabeth Halley-Stott

 Shore Capital (Joint Broker)                                       Tel: +44 20 7408 4090
 Corporate Advisory: Daniel Bush, David Coaten, Lucy Bowden
 Corporate Broking: Henry Willcocks

 Alma Strategic Communications                                      Tel: +44 20 3405 0205
 Caroline Forde, Hannah Campbell, Kinvara Verdon

 

About Eagle Eye

 

Eagle Eye is a leading SaaS and AI company, enabling retail, travel and
hospitality brands to earn lasting customer loyalty through harnessing the
power of real-time, omnichannel and personalised marketing. Our powerful
technology combines the world's most flexible and scalable loyalty and
promotions capability with cutting edge, built-for-purpose AI to deliver 1:1
personalisation at scale for enterprise businesses, globally.

 

Our growing customer base includes Loblaws, Southeastern Grocers, Giant Eagle,
Asda, Tesco, Morrisons, JD Sports, E.Leclerc, Carrefour, the Woolworths Group
and many more. Each week, more than 1 billion personalised offers are
seamlessly executed via our platform, and over 700 million loyalty member
wallets are managed worldwide.

 

AI-powered, API-based and cloud-native, Eagle Eye's enterprise-grade
technology is fully certified by the MACH Alliance and has received
recognition from leading industry bodies, including Gartner, Forrester, IDC
and QKS.

 

Web - www.eagleeye.com
(https://protect.checkpoint.com/v2/r02/___http:/www.eagleeye.com/___.YXAxZTpzaG9yZWNhcDpjOm86N2Y1MGM0ZmY0NDE4MTgzMzFjMjJmY2UyYmQyYzZjZGY6NzpkZjk0OmUwODZhZTRkNmYzZjgwOGY5YzM2ZGFhMzkwNTc1YmMyYmNlNDM0ZjFmYTQyZmFjZDNjZmNmNDY0YWEyNzUxODI6cDpGOk4)
 

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  MSCDZGFMNGNGVZM



            Copyright 2019 Regulatory News Service, all rights reserved