REG-Vesuvius Plc: Transaction in Own Shares

VesuviusAnnouncement

26/03/2024 07:15

 

 

26 March 2024

Vesuvius plc

Share Buyback Programme – Transactions in Own Securities

 

Vesuvius plc (the "Company") announces that it has purchased the following
number of its Ordinary Shares of 10p each from Jefferies International Limited
(the “Broker”), pursuant to the terms of its Share Buyback Programme
announced on 4 December 2023:

 

 Date of purchase:                                                25/03/2024  
                                                                              
 Number of ordinary shares purchased:                             39,772      
                                                                              
 Highest price paid per share (pence per share):                  488.40p     
                                                                              
 Lowest price paid per share (pence per share):                   484.20p     
                                                                              
 Volume weighted average price paid per share (pence per share):  485.87p     

 

The Ordinary Share purchases have been made accordance with the authority
granted by shareholders at the 2023 Annual General Meeting. The Company
intends to cancel these Ordinary Shares. Following the purchase, settlement
and cancellation of these shares, the Company will have 267,866,277 Ordinary
Shares of 10p each in issue (excluding 7,271,174 Ordinary Shares held in
Treasury). Therefore, the total voting rights in the Company will be
267,866,277. This figure may be used by shareholders (and others with
notification obligations) as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change to their interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it
applies in the UK (the Market Abuse Regulation), the table below contains
detailed information of the individual trades made by Jefferies International
Limited as part of the Share Buyback Programme.

 

Since the commencement of the Share Buyback Programme to repurchase up to £50
million of Ordinary Shares, as announced on 4 December 2023, the Company has
purchased 3,347,620 Ordinary Shares for a consideration of £15,940,799.42.

 

 For further information, please contact:                                                   
 Enquiries:                                                                                 
 Vesuvius plc  Rachel Stevens, Head of Investor Relations      +44 (0) 7387 545 271         
                                                                                            

 

This announcement does not constitute, or form part of, an offer or any
solicitation of an offer for securities in any jurisdiction.

Schedule of Purchases

Aggregate information: 

 Trading Venue                Weighted average price (pence per share)  Aggregate volume  
 London Stock Exchange (LSE)  485.87p                                   23,942            
 Chi-X (CHIX)                 485.85p                                   3,070             
 BATE (BATE)                  485.88p                                   9,774             
 Aquis (AQXE)                 486.00p                                   1,436             
 Turquoise (TRQX)             485.84p                                   1,550             

 

Transaction Details:

 Issuer name:        Vesuvius plc                     
 ISIN:               GB00B82YXW83                     
 Intermediary name:  Jefferies International Limited  
 Intermediary code:  JEFFGB2XXXX                      
 Time zone:          UKT                              
 Currency:           GBP                              

 

Individual Transactions:

Please see attached PDF for full list of transactions.

 

About Vesuvius plc

Vesuvius is a global leader in molten metal flow engineering and technology
principally serving process industries operating in challenging high
temperature conditions.

 

We develop innovative and customised solutions, often used in extremely
demanding industrial environments, which enable our customers to make their
manufacturing processes safer, more efficient and more sustainable.  These
include flow control solutions, advanced refractories and other consumable
products and increasingly, related technical services including data capture.

 

We have a worldwide presence. We serve our customers through a network of
cost-efficient manufacturing plants located close to their own facilities, and
embed our industry experts within their operations, who are all supported by
our global technology centres.

 

Our core competitive strengths are our market and technology leadership,
strong customer relationships, well established presence in developing markets
and our global reach, all of which facilitate the expansion of our addressable
markets.

 

Our ultimate goal is to create value for our customers, and to deliver
sustainable, profitable growth for our shareholders giving a superior return
on their investment whilst providing each of our employees with a safe
workplace where they are recognised, developed and properly rewarded.

 

We think beyond today to create solutions that will shape the future.

 

 

Vesuvius plc, 165 Fleet Street, London EC4A 2AE

Registered in England and Wales No. 8217766

LEI: 213800ORZ521W585SY02

www.vesuvius.com

 

 2024 03 25 VSVS Buyback Transactions (https://mb.cision.com/Public/22526/3952000/91270393acc3ee66.pdf)  



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