REG - EnQuest PLC - Transaction in Own Shares

EnquestAnnouncement

22/10/2024 07:00

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RNS Number : 0180J  EnQuest PLC  22 October 2024

FOR IMMEDIATE RELEASE
 
22 October 2024

 

ENQUEST PLC ("EnQuest" or "the Company")

TRANSACTIONS IN OWN SHARES

EnQuest PLC (the "Company") announces that, on 21 October 2024, it purchased
the following number of its ordinary shares of 5 pence each (the "Ordinary
Shares") through Merrill Lynch International ("Merrill Lynch"). Such purchase
was effected pursuant to the instructions issued by the Company in accordance
with the share repurchase arrangements entered into with Merrill Lynch, as
announced on 29 April 2024.

Aggregated information of Ordinary Shares purchased on 21 October 2024
according to each trading venue:

 Venue                  Weighted average price paid per share (GBp)  Aggregate number of shares purchased  Lowest price paid per share (GBp)  Highest price paid per share (GBp)
 London Stock Exchange  10.66                                        134,963                               10.56                              10.76
 Chi-X                  10.61                                        10,160                                10.56                              10.76
 BATS                   10.62                                        7,408                                 10.58                              10.76
 Turquoise              10.58                                        340                                   10.58                              10.58
 Total (all venues)     10.65                                        152,871                               10.56                              10.76

 

Since 29 April 2024, the Company has purchased 41,385,524 Ordinary Shares at a
cost (including dealing and associated costs) of £5,365,686.72. Of those
shares, 25,000,000 Ordinary Shares have been retained in Treasury and will be
issued in due course to the Company's Employee Benefit Trust and 16,385,524
Ordinary Shares have been purchased for cancellation.

Following the cancellation of the purchased shares, there will be
1,899,538,815 Ordinary Shares in issue and 25,000,000 Shares in Treasury. The
total voting rights in the Company will accordingly be 1,874,538,815.

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
Disclosure Guidance and Transparency Rules.

A full breakdown of the individual trades made by Merrill Lynch on behalf of
the Company as part of the share repurchase programme is attached to this
document.

Attachment: http://www.rns-pdf.londonstockexchange.com/rns/0180J_1-2024-10-21.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/0180J_1-2024-10-21.pdf)

 

LEI: 2138008LJU6WFQWOXJ73

 

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

 

Enquiries:

 

EnQuest
plc
+44 (0)20 7925 4900

Kate Christ, Company Secretary

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