Transaction in Own Shares

RNS Number : 6557R

Capricorn Energy PLC

07 July 2022

 

FOR IMMEDIATE RELEASE    7 July 2022

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

TRANSACTIONS IN OWN SHARES

Capricorn Energy PLC (the "Company") announces that, on 6 July 2022, it purchased the following number of its ordinary shares of 21/13 pence each (the "Ordinary Shares") on the London Stock Exchange through J.P. Morgan Securities plc. Such purchase was effected pursuant to the instructions issued by the Company in accordance with the non-discretionary share repurchase arrangements entered into with J.P. Morgan Securities plc, as announced on 7 April 2022. Such arrangements expired on 6 July 2022 and no further purchases will be made under them. As announced on 1 June 2022, Capricorn has suspended its previously announced up to US$200 million share buyback programme other than in respect of the US$25 million tranche announced on 7 April 2022, to which this announcement relates and which has now concluded.

Ordinary Shares:

Date of purchase:	6 July 2022
Aggregate number of Ordinary Shares purchased:	34,796
Lowest price paid per share:	210.20 pence
Highest price paid per share:	214.00 pence
Average price paid per share:	211.38 pence

Since 1 July 2022, the Company has purchased and not yet cancelled (and therefore, for the purposes of the City Code on Takeovers and Mergers, has an interest in) 73,183 Ordinary Shares. The Company intends to cancel the purchased Ordinary Shares.

Since 7 April 2022 , the Company has purchased 9,427,439 shares at a cost (including dealing and associated costs) of £ 18,867,648.16.

A full breakdown of the individual trades made by J.P. Morgan Securities plc on behalf of the Company as part of the share repurchase programme is attached to this document.

Attachment: http://www.rns-pdf.londonstockexchange.com/rns/6557R_1-2022-7-7.pdf

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

Enquiries
Analysts/Investors
David Nisbet, Corporate Affairs	Tel: [phone]
Media
Linda Bain/Jonathan Milne, Corporate Affairs	Tel: [phone]

 

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