REG - Glanbia PLC - Transaction in Own Shares

GlanbiaAnnouncement

01/10/2025 07:30

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RNS Number : 5108B  Glanbia PLC  01 October 2025

 

Glanbia plc

 

Transaction in Own Shares

 

1 October 2025, Glanbia plc ("Glanbia" or "the Company"), the Better Nutrition
Company has been informed that Tirlán Co-operative Society Limited
("Tirlán") has completed the sale of 17 million ordinary shares in the
Company (the "Equity Placement Shares"), representing approximately 6.8
percent of the Company's existing issued ordinary share capital, for a total
consideration of approximately €230 million.

 

The price per Share in the Equity Placement was €13.55 and was determined by
a bookbuild offering to institutional investors with settlement expected to
occur on or around 3 October 2025.

 

Pursuant to the Company's existing shareholder authority to repurchase shares,
the Company has participated in the Equity Placement via Glanbia's broker Davy
and today purchased 7,380,073 Equity Placement Shares (representing around 2.9
percent of the Company's existing issued ordinary share capital), at a price
of €13.55 per Share (the "Buyback"). The Equity Placement Shares purchased
in the Buyback will be cancelled. Following settlement of the above
transaction and subsequent share cancellation, Glanbia will have 243,793,804
ordinary shares in issue. Following the Equity Placement, Tirlán remains the
largest equity investor in Glanbia plc with a holding of 43,549,029 ordinary
shares.

 

In February 2025, the Company announced that the Board had approved a €100
million buyback authorisation. On 22 September Glanbia completed a €50
million share buyback programme under this authority. On 30 September 2025 the
Board approved increasing this buyback authorisation by €50 million to
fulfil Glanbia's participation in the Equity Placement. The Buyback completed
today by the Company, together with the share repurchase programme which
completed on 22 September 2025, fully utilises such Board authorisations.

 

ENDS

 

For further information please contact:

 

Glanbia plc
 
    +353 56 777 2200

 

Mark Garvey, Chief Financial Officer

Liam Hennigan, Group Secretary & Head of Investor Relations:
           +353 86 046 8375

Martha Kavanagh, Director of Corporate Affairs:
                        +353 87 646 2006

 

Davy

Ivan Murphy
 
    +353 1 679 7788

 

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