REG - QinetiQ Group plc - Share Buyback Programme

QinetiqAnnouncement

17/11/2025 07:00

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RNS Number : 6728H  QinetiQ Group plc  17 November 2025

News release

QinetiQ Group plc

Share Buyback Programme

17 November 2025 - QinetiQ Group plc ("QinetiQ" or the "Group") confirms the
completion by Numis Securities Limited ("Deutsche Numis") of the latest £50
million tranche of its share buyback programme, as announced on 5 June 2025.
 This was the first tranche of the £200m extension to its share buyback
programme that was announced by QinetiQ on 17 March 2025, for execution over
the following two years (the "Programme").

QinetiQ has today entered into an agreement with Deutsche Numis to execute the
second tranche of the £200 million Programme, with a maximum aggregate value
of up to £50 million (the "Second Tranche"). Under the Second Tranche, which
is expected to complete by no later than 31 March 2026, Deutsche Numis will
make trading decisions independently of QinetiQ in accordance with certain
pre-set parameters. The Second Tranche will be effected under the authority
granted by shareholders at QinetiQ's Annual General Meeting held on 17 July
2025 (the "2025 Authority").  The maximum remaining number of shares that may
be repurchased pursuant to the 2025 Authority is 47,227,575 Ordinary Shares.

Any purchases under the Programme will be carried out on the London Stock
Exchange and any other UK recognised investment exchange which may be agreed,
in accordance with pre-set parameters and in accordance with the Buyback
Authority, Chapter 12 of the UK Financial Conduct Authority's Listing Rules,
and Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) No
2016/1052 (both as they form part of UK domestic law by virtue of the European
Union (Withdrawal) Act 2018), including where relevant pursuant to the UK
Market Abuse (Amendment) (EU Exit) Regulations 2019.

Any Ordinary Shares purchased pursuant to the Programme will be cancelled, and
the number of Ordinary Shares in issue reduced accordingly.

About QinetiQ

QinetiQ is an integrated global defence and security company focused on
mission-led innovation. QinetiQ employs circa 8,000 highly-skilled people,
committed to creating new ways of protecting what matters most; testing
technologies, systems, and processes to make sure they meet operational needs;
and enabling customers to deploy new and enhanced capabilities with the
assurance they will deliver the performance required.

For further information please contact:

 Stephen Lamacraft, Interim Group Investor Relations Director:  +44 (0) 7471 885817
 Stephanie Mann, Group Head of Media Relations:                 +44 (0) 7770 720268
 James Field, Company Secretary:                                +44 (0) 7841 662957

 

QinetiQ Group plc LEI: 213800S8OBDOZMCMUW34

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