Ecora Resources PLC Completion of U$10 million Buyback Programme
31 Mai 2024 - 8:02AM
RNS Regulatory News
RNS Number : 5552Q
Ecora Resources PLC
31 May 2024
31 May 2024
Ecora Resources
PLC
("Ecora"
or the "Company")
Completion of U$10 million
Buyback Programme
Ecora Resources PLC (LSE/TSX: ECOR)
announces that following the purchase of ordinary shares on 30 May
2024, the Company's share buyback programme (the "Programme"), as
announced on 27 March 2024, has been completed.
Over the course of the Programme,
the Company has acquired in aggregate 9,491,317 ordinary shares of
2 pence each in the Company (the "Ordinary Shares") between 27
March 2024 and 30 May 2024 for a total consideration of U$10
million, at a volume weighted average price of approximately 83.77
pence per share. The Ordinary Shares repurchased under the
Programme will be held in treasury.
All purchases made under the
Programme were made on the London Stock Exchange through the
Company's broker, Peel Hunt LLP.
The Company has 261,732,553 Ordinary
Shares in issue, of which 13,320,469 Ordinary Shares are now held
in treasury. Therefore, the total number of Ordinary Shares
carrying voting rights is 248,412,084.
The above figure of
248,412,084 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.
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