REG-RELX PLC Announcement of Non-Discretionary Share Buyback Programme

RelxAnnouncement

15/02/2024 11:00

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Announcement of Non-Discretionary Share Buyback Programme

 

15 February 2024

ISSUED ON BEHALF OF RELX PLC

Announcement of Non-Discretionary Share Buyback Programme

RELX PLC (the “Company”) announces in compliance with the UK and EU Market
Abuse Regulations that it will implement an irrevocable, non-discretionary
programme to repurchase its ordinary shares between 15 February 2024 and 24
April 2024 (the "Programme"), with a spend in this period of £250 million.
This follows the successful completion of a £150 million non-discretionary
programme on 9 February 2024. Both programmes are part of the £1 billion to
be deployed on share buybacks in 2024, as announced on 15 February 2024.

The purpose of the Programme is to reduce the capital of the Company and it
intends that shares purchased will be held in treasury.

Any share purchases will be made by the Company within certain pre-set
parameters and in accordance with the general authority of the Company to
repurchase shares granted by shareholders at the Company’s Annual General
Meeting held on 20 April 2023 which, taking into account shares purchased
subsequent to this meeting, permits the Company to purchase no more than
172.04 million ordinary shares. Any share purchases effected by the Company
will be in accordance with the UK and EU Market Abuse Regulations and Chapter
12 of the Listing Rules.

The Company has entered into an agreement with J.P. Morgan Securities plc
(“JPMS plc”) under which it has issued irrevocable instructions to JPMS
plc to manage the Programme. JPMS plc will carry out the Company’s
instructions through the acquisition of ordinary shares in the Company for
subsequent repurchase by the Company. JPMS plc will make its trading decisions
under the Programme independently of, and uninfluenced by, the Company.

-ENDS-

Enquiries

Colin Tennant (Investors)

Tel : +44 (0)20 7166 5751

Paul Abrahams (Media)

Tel : +44 (0)20 7166 5724



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