REG - Yellow Cake PLC - Transaction in Own Shares
05/05/2022 07:00
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RNS Number : 3779K Yellow Cake PLC 05 May 2022
05 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 4 May 2022,
it purchased 50,000 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 4 April
2022 (the "Programme"). The Shares acquired will be held in treasury.
Date of purchase: 04 May 2022
Aggregate number of ordinary shares purchased: 50,000
Lowest price paid per share (pence per share): 388.2p
Highest price paid per share (pence per share): 393.6p
Volume weighted average price paid per share (pence per share): 390.9p
Following the purchase, the Company will have 187,740,730 ordinary shares of
£0.01 each in issue, of which 4,551,829 ordinary shares are held in treasury.
Therefore, the total number of ordinary shares carrying voting rights will be
183,188,901.
The above figure of 183,188,901 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)
1000 388.6 12:07:38 AIMX
1106 388.6 12:07:38 AIMX
63 389.6 12:08:39 AIMX
17 389.8 12:08:39 AIMX
17 389.8 12:09:44 AIMX
63 390 12:09:44 AIMX
284 390 12:10:24 AIMX
19 390 12:10:24 AIMX
333 390 12:29:01 AIMX
375 390 12:29:01 AIMX
354 389.6 12:33:01 AIMX
338 388.6 12:37:41 AIMX
38 389.6 12:39:03 AIMX
379 390 12:39:03 AIMX
346 389.2 12:39:04 AIMX
376 388.6 12:39:49 AIMX
457 388.8 12:40:10 AIMX
331 388.8 12:40:10 AIMX
335 389 12:41:14 AIMX
26 389.2 12:41:14 AIMX
451 389.2 12:41:14 AIMX
648 389.2 12:41:14 AIMX
406 390 12:51:46 AIMX
393 390 12:51:46 AIMX
508 389.2 12:51:50 AIMX
345 388.8 12:52:09 AIMX
394 389.6 13:01:04 AIMX
398 389.6 13:01:04 AIMX
457 390 13:13:37 AIMX
352 389 13:13:37 AIMX
332 389.2 13:13:37 AIMX
696 389.2 13:13:37 AIMX
1 388.8 13:13:51 AIMX
236 389 13:17:14 AIMX
112 389 13:17:14 AIMX
1 389.6 13:18:20 AIMX
145 389.6 13:18:20 AIMX
387 389.8 13:18:20 AIMX
327 389 13:18:23 AIMX
385 388.6 13:20:26 AIMX
370 388.6 13:23:03 AIMX
166 389 13:23:03 AIMX
314 389 13:23:03 AIMX
325 388.6 13:30:14 AIMX
339 388.6 13:30:14 AIMX
347 388.8 13:30:14 AIMX
332 388.8 13:38:14 AIMX
73 388.2 13:39:48 AIMX
265 388.2 13:39:48 AIMX
388 388.8 13:39:48 AIMX
327 388.6 13:43:22 AIMX
470 388.8 13:43:22 AIMX
1000 389.8 13:45:22 AIMX
191 389.8 13:45:22 AIMX
381 389.8 13:45:22 AIMX
757 389.2 13:46:03 AIMX
429 389.2 13:48:20 AIMX
419 389.2 13:48:26 AIMX
423 389.2 13:50:26 AIMX
173 388.8 13:51:04 AIMX
175 388.8 13:52:09 AIMX
484 389.2 13:53:44 AIMX
142 389.6 13:53:44 AIMX
189 389.8 13:53:44 AIMX
79 389.8 13:53:44 AIMX
224 389.8 13:53:44 AIMX
35 390 14:00:45 AIMX
17 390 14:04:20 AIMX
298 390 14:04:20 AIMX
35 390 14:07:08 AIMX
361 390 14:07:08 AIMX
383 390 14:11:15 AIMX
1 390 14:24:59 AIMX
1332 392.2 14:40:31 AIMX
3 390 14:40:46 AIMX
404 391.8 14:49:18 AIMX
911 391.8 14:49:18 AIMX
1083 392 14:55:48 AIMX
1154 391.6 14:55:48 AIMX
417 391.2 15:02:32 AIMX
663 391.2 15:02:32 AIMX
139 390.8 15:08:10 AIMX
337 390.8 15:08:10 AIMX
426 391.2 15:10:39 AIMX
1161 392.6 15:19:07 AIMX
1114 392 15:25:35 AIMX
80 393 15:27:10 AIMX
247 393 15:27:10 AIMX
282 393 15:27:10 AIMX
278 393 15:27:10 AIMX
352 393 15:27:10 AIMX
62 393 15:27:10 AIMX
203 393 15:27:28 AIMX
350 392.8 15:27:28 AIMX
1119 392.8 15:31:40 AIMX
1284 393.2 15:48:06 AIMX
1104 392.6 15:48:40 AIMX
517 393.2 15:54:33 AIMX
215 393.2 15:54:33 AIMX
2 393.2 15:54:33 AIMX
352 393.2 15:54:34 AIMX
217 393.2 15:54:35 AIMX
474 392.8 16:00:11 AIMX
364 392.8 16:00:11 AIMX
494 393.2 16:09:17 AIMX
424 392.6 16:10:41 AIMX
389 392.6 16:10:43 AIMX
362 392.6 16:11:09 AIMX
368 392.4 16:11:55 AIMX
524 392.2 16:14:00 AIMX
30 393 16:20:45 AIMX
474 393.6 16:20:55 AIMX
361 393.6 16:20:55 AIMX
1 393.6 16:20:55 AIMX
484 393.6 16:22:09 AIMX
395 393.6 16:22:10 AIMX
343 393.6 16:22:14 AIMX
96 393.4 16:23:02 AIMX
421 393.4 16:23:03 AIMX
385 393.4 16:23:57 AIMX
352 393.4 16:23:57 AIMX
491 392.6 16:29:39 AIMX
1097 390.6 16:35:14 AIMX
2227 390.6 16:35:14 AIMX
317 390.6 16:35:14 AIMX
176 390.6 16:35:14 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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