REG - Yellow Cake PLC - Transaction in Own Shares
04/05/2022 07:00
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RNS Number : 2005K Yellow Cake PLC 04 May 2022
04 May 2022
Yellow Cake plc ("Yellow Cake" or the "Company")
Transaction in Own Shares
Yellow Cake, a specialist company operating in the uranium sector with a view
to holding physical uranium for the long term, announces that, on 03 May 2022,
it purchased 83,917 ordinary shares of £0.01 each in the Company (the
"Shares") on the London Stock Exchange through Canaccord Genuity Limited, in
accordance with the terms of its share buyback programme announced on 04 April
2022 (the "Programme"). The Shares acquired will be held in treasury.
Date of purchase: 03 May 2022
Aggregate number of ordinary shares purchased: 83,917
Lowest price paid per share (pence per share): 388.2p
Highest price paid per share (pence per share): 395.0p
Volume weighted average price paid per share (pence per share): 392.3p
Following the purchase, the Company will have 187,740,730 ordinary shares of
£0.01 each in issue, of which 4,501,289 ordinary shares are held in treasury.
Therefore, the total number of ordinary shares carrying voting rights will
be 183,238,901.
The above figure of 183,238,901 may be used by shareholders 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 (the Market
Abuse Regulation), the table below contains detailed information of the
individual trades made by Canaccord Genuity Limited as part of the Programme.
Individual transactions:
Number of shares Transaction price Time of transaction Execution venue
purchased
(pence per share)
3,015 395.00 08:13:27 AIMX
326 395.00 08:13:27 AIMX
1,659 395.00 08:13:27 AIMX
326 395.00 08:13:27 AIMX
3,015 395.00 08:14:11 AIMX
997 395.00 08:14:11 AIMX
988 395.00 08:14:11 AIMX
4,284 395.00 08:14:11 AIMX
1,010 395.00 08:14:11 AIMX
1,010 395.00 08:14:11 AIMX
1 395.00 08:14:11 AIMX
2,979 395.00 08:14:13 AIMX
5,110 395.00 08:14:13 AIMX
280 395.00 08:14:13 AIMX
1,224 392.00 08:17:33 AIMX
387 391.40 08:17:58 AIMX
118 391.40 08:17:58 AIMX
376 391.40 08:21:34 AIMX
362 392.00 08:24:34 AIMX
240 392.00 08:25:25 AIMX
81 392.00 08:25:25 AIMX
321 391.80 08:26:15 AIMX
380 391.40 08:26:15 AIMX
412 391.00 08:26:15 AIMX
1,000 391.40 08:26:15 AIMX
123 390.60 08:26:15 AIMX
225 390.60 08:26:15 AIMX
329 390.20 08:26:17 AIMX
115 390.20 08:26:17 AIMX
18 389.40 08:29:52 AIMX
430 389.40 08:29:52 AIMX
19 389.40 08:29:52 AIMX
168 389.40 08:29:52 AIMX
120 390.00 08:31:38 AIMX
204 390.00 08:31:38 AIMX
361 390.00 08:31:38 AIMX
349 390.00 08:40:03 AIMX
382 390.00 08:40:03 AIMX
378 391.20 08:41:10 AIMX
277 391.20 08:41:10 AIMX
398 391.20 08:41:25 AIMX
378 392.00 08:42:08 AIMX
6 392.00 08:42:08 AIMX
385 392.00 08:42:38 AIMX
361 392.00 08:42:38 AIMX
329 392.00 08:45:42 AIMX
351 392.00 08:45:42 AIMX
74 392.00 08:52:09 AIMX
290 392.00 08:53:12 AIMX
193 392.00 08:58:29 AIMX
822 392.00 09:11:50 AIMX
445 391.40 09:11:50 AIMX
747 392.00 09:11:50 AIMX
348 392.00 09:13:47 AIMX
56 392.00 09:13:47 AIMX
301 392.00 09:13:47 AIMX
126 392.00 09:13:47 AIMX
31 392.00 09:13:47 AIMX
743 391.00 09:21:15 AIMX
352 390.60 09:21:25 AIMX
380 390.80 09:21:25 AIMX
514 390.80 09:22:50 AIMX
692 390.80 09:22:50 AIMX
418 391.20 09:28:25 AIMX
433 391.20 09:28:25 AIMX
378 391.80 09:33:08 AIMX
6 391.80 09:33:08 AIMX
352 391.80 09:33:08 AIMX
378 392.00 09:33:22 AIMX
12 392.00 09:33:22 AIMX
355 391.80 09:33:22 AIMX
321 390.60 09:33:56 AIMX
444 391.60 09:35:15 AIMX
488 391.60 09:35:15 AIMX
101 392.00 09:36:35 AIMX
18 392.00 09:36:35 AIMX
257 392.00 09:36:35 AIMX
376 391.60 09:36:35 AIMX
333 390.60 09:47:02 AIMX
91 391.40 09:49:40 AIMX
218 391.20 09:49:40 AIMX
199 391.60 09:49:40 AIMX
85 391.60 09:49:40 AIMX
360 391.80 09:49:40 AIMX
59 391.80 09:51:40 AIMX
331 391.60 09:53:40 AIMX
338 391.60 09:54:40 AIMX
53 391.60 09:54:52 AIMX
367 391.40 09:55:50 AIMX
382 391.40 09:58:02 AIMX
356 391.00 10:00:37 AIMX
32 391.00 10:00:37 AIMX
738 392.00 10:01:47 AIMX
413 390.00 10:44:22 AIMX
699 390.00 10:44:22 AIMX
438 390.00 10:44:22 AIMX
83 389.40 10:44:22 AIMX
21 389.40 10:44:22 AIMX
321 389.40 10:44:22 AIMX
756 389.00 10:44:27 AIMX
66 389.00 10:44:27 AIMX
333 389.20 10:44:27 AIMX
349 389.60 10:45:45 AIMX
28 390.00 10:57:01 AIMX
213 390.00 10:57:01 AIMX
110 390.00 10:57:01 AIMX
22 390.00 10:57:01 AIMX
378 390.00 10:57:01 AIMX
313 390.00 10:57:01 AIMX
20 390.00 10:57:01 AIMX
154 390.00 11:01:01 AIMX
235 390.00 11:01:01 AIMX
399 390.00 11:01:01 AIMX
831 390.00 11:01:01 AIMX
231 389.00 11:01:04 AIMX
336 389.60 11:01:04 AIMX
141 389.00 11:07:50 AIMX
375 389.00 11:07:50 AIMX
488 389.00 11:08:18 AIMX
165 389.20 11:08:18 AIMX
1,000 389.40 11:08:18 AIMX
84 389.60 11:08:18 AIMX
364 389.80 11:08:45 AIMX
37 389.80 11:08:45 AIMX
359 389.80 11:08:45 AIMX
330 390.00 11:10:55 AIMX
367 390.00 11:11:35 AIMX
389 389.80 11:14:04 AIMX
99 390.00 11:14:04 AIMX
466 390.00 11:14:04 AIMX
348 390.00 11:20:08 AIMX
371 390.00 11:20:08 AIMX
440 389.40 11:26:02 AIMX
342 389.00 11:36:50 AIMX
343 389.40 11:37:45 AIMX
344 389.00 11:38:48 AIMX
412 388.80 11:45:03 AIMX
216 388.80 11:45:03 AIMX
378 389.00 11:45:03 AIMX
470 389.00 11:45:03 AIMX
378 389.20 11:47:41 AIMX
270 389.00 11:47:41 AIMX
343 389.20 11:50:41 AIMX
372 389.40 11:57:46 AIMX
372 389.00 11:58:00 AIMX
342 388.20 12:01:20 AIMX
345 388.20 12:01:20 AIMX
30 388.20 12:01:22 AIMX
23 388.20 12:01:22 AIMX
642 389.00 12:03:26 AIMX
441 389.20 12:03:26 AIMX
190 389.20 12:03:26 AIMX
181 389.20 12:03:26 AIMX
270 389.60 12:03:30 AIMX
113 389.60 12:03:30 AIMX
378 390.00 12:14:56 AIMX
128 390.00 12:35:18 AIMX
342 390.00 12:35:18 AIMX
368 390.00 12:35:18 AIMX
30 390.00 12:35:18 AIMX
389 390.00 13:06:12 AIMX
391 390.00 13:06:12 AIMX
384 390.00 13:06:12 AIMX
85 390.00 13:06:12 AIMX
381 390.00 13:06:12 AIMX
356 389.60 13:06:17 AIMX
1,248 393.80 16:35:10 AIMX
49 393.80 16:35:10 AIMX
1,320 393.80 16:35:10 AIMX
1,403 393.80 16:35:10 AIMX
1,254 393.80 16:35:10 AIMX
4,700 393.80 16:35:10 AIMX
373 393.80 16:35:10 AIMX
570 393.80 16:35:10 AIMX
379 393.80 16:35:10 AIMX
ENQUIRIES:
Yellow Cake plc
Andre Liebenberg, CEO Carole Whittall, CFO
Tel: +44 (0) 153 488 5200
Nominated Adviser and Joint Broker: Canaccord Genuity Limited
Henry Fitzgerald-O'Connor James Asensio
Gordon Hamilton
Tel: +44 (0) 207 523 8000
Joint Broker: Berenberg
Matthew Armitt Jennifer Wyllie
Detlir Elezi
Tel: +44 (0) 203 207 7800
Financial Adviser: Bacchus Capital Advisers
Peter Bacchus Richard Allan
Tel: +44 (0) 203 848 1640
Investor Relations: Powerscourt
Peter Ogden Molly Melville
Tel: +44 (0) 7793 858 211
ABOUT YELLOW CAKE
Yellow Cake is a London-listed company, headquartered in Jersey, which offers
exposure to the uranium spot price. This is achieved through its strategy of
buying and holding physical triuranium octoxide ("U(3)O(8)"). It may also seek
to add value through the acquisition of uranium royalties and streams or other
uranium related activities. Yellow Cake seeks to generate returns for
shareholders through the appreciation of the value of its holding of U(3)O(8)
and its other uranium related activities in a rising uranium price
environment. The business is differentiated from its peers by its ten-year
Framework Agreement for the supply of U(3)O(8) with Kazatomprom, the world's
largest uranium producer. Yellow Cake currently holds 15.83 million lb of
U(3)O(8), all of which is held in storage in Canada and France.
FORWARD LOOKING STATEMENTS
Certain statements contained herein are forward looking statements and are
based on current expectations, estimates and projections about the potential
returns of the Company and the industry and markets in which the Company will
operate, the Directors' beliefs and assumptions made by the Directors. Words
such as "expects", "anticipates", "should", "intends", "plans", "believes",
"seeks", "estimates", "projects", "pipeline", "aims", "may", "targets",
"would", "could" and variations of such words and similar expressions are
intended to identify such forward looking statements and expectations. These
statements are not guarantees of future performance or the ability to identify
and consummate investments and involve certain risks, uncertainties and
assumptions that are difficult to predict, qualify or quantify. Therefore,
actual outcomes and results may differ materially from what is expressed in
such forward looking statements or expectations. Among the factors that could
cause actual results to differ materially are: uranium price volatility,
difficulty in sourcing opportunities to buy or sell U(3)O(8), foreign exchange
rates, changes in political and economic conditions, competition from other
energy sources, nuclear accident, loss of key personnel or termination of the
services agreement with 308 Services Limited, changes in the legal or
regulatory environment, insolvency of counterparties to the Company's material
contracts or breach of such material contracts by such counterparties. These
forward-looking statements speak only as at the date of this announcement. The
Company expressly disclaims any obligation or undertaking to disseminate any
updates or revisions to any forward looking statements contained herein to
reflect any change in the Company's expectations with regard thereto or any
change in events, conditions or circumstances on which any such statements are
based unless required to do so by applicable law or the AIM Rules.
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