REG - GlobalData PLC - Commencement of Share Buyback Programme

GlobalDataAnnouncement

Wed 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:20251126:nRSZ9946Ia&default-theme=true

RNS Number : 9946I  GlobalData PLC  26 November 2025

26 November 2025

GlobalData Plc (GlobalData; the Company)

Commencement of Share Buyback Programme

Further to the announcement of 24 November 2025, the Company is pleased to
confirm the commencement of its share buyback programme of up to a maximum
consideration of £10 million, which is expected to be completed prior to the
Company's next Annual General Meeting (the "Share Buyback Programme"). The
purpose of the Share Buyback Programme is to return surplus capital to
shareholders and reduce the Company's share capital.  As such, all Ordinary
Shares repurchased by the Company under the Share Buyback Programme will be
cancelled.

 

The Share Buyback Programme will be effected under the authority granted by
shareholders at the Company's 2025 Annual General Meeting to purchase a
maximum of 80,653,410 Ordinary Shares, taking into account the Company's
previous share buyback activity.

 

Any purchases of Ordinary Shares by the Company under the Share Buyback
Programme will be carried out on the London Stock Exchange in compliance with
the relevant conditions for trading, restrictions regarding time and volume,
disclosure and reporting obligations, and price conditions. The Share Buyback
Programme will be carried out in accordance with the parameters prescribed by
the Market Abuse Regulation 596/2014 (as it forms part of UK law pursuant to
the European Union (Withdrawal) Act 2018) and Chapter 12 of the Financial
Conduct Authority's Listing Rules. The Company may repurchase up to 25% of
this average daily volume.

 

The maximum price paid per Ordinary Share will be no more than an amount equal
to 105 per cent. of the average middle market quotations for an Ordinary
Share, as derived from the London Stock Exchange Daily Official List, for the
five business days immediately preceding the day on which the Ordinary Share
is purchased.  The minimum price that may be paid is £0.0001 per share.

 

GlobalData has entered into non-discretionary arrangements with Investec
Bank plc ('Investec') to conduct the Share Buyback Programme on its behalf.

 

The Company will make further regulatory announcements in respect of
repurchases of Ordinary Shares as required by UK MAR and the AIM Rules.

 

-ENDS-

 

ENQUIRIES

 GlobalData Plc                              0207 936 6400
 Mike Danson, Chief Executive Officer
 Graham Lilley, Chief Financial Officer

 J.P. Morgan Cazenove (Nomad, Joint Broker)  0203 493 8000
 Bill Hutchings
 Mose Adigun

 Panmure Liberum (Joint Broker)              0203 100 2000
 Rupert Dearden
 James Sinclair-Ford

 Investec Bank plc (Joint Broker)            0207 597 5970

 Henry Reast
 Virginia Bull

 FTI Consulting (Financial PR)               0203 727 1000
 Edward Bridges                              globaldata@fticonsulting.com (mailto:globaldata@fticonsulting.com)
 Dwight Burden
 Emma Hall

 

 

 

 

 

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  MSCFEUEFIEISELF



            Copyright 2019 Regulatory News Service, all rights reserved