REG - Johnson Service Grp. - Completion of Share Buyback Programme

Johnson ServiceAnnouncement

28/11/2023 07:15

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RNS Number : 8243U  Johnson Service Group PLC  28 November 2023

 

28 November 2023

 

AIM:  JSG

 

Johnson Service Group PLC

 

Completion of Share Buyback Programme

 

Johnson Service Group PLC (the "Company") is pleased to announce that it has
completed its share buyback programme that commenced on 20 September 2023 (the
"Buyback Programme").

 

Between 20 September 2023 and 27 November 2023, 7,572,051 ordinary shares in
the Company were repurchased on the London Stock Exchange for cancellation at
an average price of 132.1 pence per share and a total cost, excluding
expenses, of £10.0 million.  This represented 1.8 per cent of the issued
share capital of the Company when the Buyback Programme commenced.

 

Completion of the Buyback Programme brings the total cash returned to
shareholders between 15 September 2022 and 27 November 2023 to £35.3 million
under the two buyback programmes that were completed within the limits of the
authority to repurchase the Company's ordinary shares in issue granted by
shareholders at the Company's Annual General Meetings held on 4 May 2022 and 4
May 2023.

 

For further information please contact:

 

 Johnson Service Group PLC
 Peter Egan, CEO
 Yvonne Monaghan, CFO
 Tel: 01928 704 600

 Investec Investment Banking (NOMAD)  Camarco (Financial PR)
 David Flin                           Ginny Pulbrook
 Carlton Nelson                       Rosie Driscoll
 Virginia Bull                        Letaba Rimell
 Tel: 020 7597 5970                   Tel: 020 3757 4992/4981

 

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