REG - Kelso Group Holdings - Transaction in Own Shares

Kelso groupAnnouncement

24/04/2025 07:02

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RNS Number : 9438F  Kelso Group Holdings PLC  24 April 2025

24 April 2025

 

Kelso Group Holdings Plc

("Kelso" or the "Company")

Transaction in Own Shares

 

Kelso, the main market listed acquisition vehicle, announces that, on 23 April
2025, it purchased 1,500,000 ordinary shares of one pence each in the capital
of the Company ("the Repurchased Shares") at a price of 2.0 pence per Ordinary
Share (the "Repurchase").

The Repurchase equated to approximately 0.3 per cent of the issued Ordinary
Shares and was undertaken in accordance with the terms of the general
authority to make market purchases of Ordinary Shares granted to the Company
by its shareholders at its Annual General Meeting held on 30 May 2024. The
Repurchase was executed on the London Stock Exchange through the Company's
broker, Zeus Capital Limited.

Application will be made for the Repurchased Shares to be cancelled, following
which the number of issued Ordinary Shares with voting rights in the Company
is 374,069,999. This figure represents the total voting rights in the Company
and may be used by shareholders as the denominator for the calculations by
which they can determine if they are required to notify their interest in, or
a change to their interest in the Company under the Financial Conduct
Authority's Disclosure and Transparency Rules.

 

For further information please contact:

 

 Kelso Group Holdings plc                                      +44 (0) 75 4033 3933
 John Goold, Chief Executive Officer

 Mark Kirkland, Chief Financial Officer

 Jamie Brooke, Chief Investment Officer
 Zeus (Broker)                                                 +44 (0) 20 3829 5000
 Nick Cowles, Louisa Waddell, John Moran (Investment Banking)

 Ben Robertson (Corporate Broking)
 Camarco                                                       +44 (0) 20 3757 4980

 Billy Clegg, Tom Huddart

 

About Kelso

Kelso was established in November 2022 to identify, engage and unlock trapped
value in the UK stock market. Kelso's strategy is to invest in situations
where there is an anomaly between the intrinsic value and prospects of a
company and its stock market valuation. Kelso will, in particular, look for
situations where it believes the sum of the parts of a business is greater
than the current value.

 

 

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