Transaction in Own Shares

Castings PLC

27 July 2023

 

27 July 2023

Castings PLC (LSE: CGS)

("Castings" or the "Company")

Transaction in Own Shares

Castings Plc ("Castings" or the "Company") announces that it has made the following purchases of ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") from Canaccord Genuity Limited on the London Stock Exchange ("LSE") pursuant to the Share Buyback Programme announced on 13 July 2023.

Date of purchase	27 July 2023
Number of Ordinary Shares purchased (aggregated volume):	24,300
Highest Price paid per Ordinary Share (£):	3.94
Lowest Price paid per Ordinary Share (£):	3.90
Volume Weighted Average Price paid per Ordinary Share (£):	3.916
Venue where Ordinary Shares are traded	London Stock Exchange

The Company will hold the repurchased shares in treasury. Following the purchase of the Ordinary Shares, the number of Ordinary Shares in issue and admitted to trading on the LSE will be 43,458,068 (excluding treasury shares), and the Company will hold 174,000 ordinary shares in treasury.

This figure of 43,458,068 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Share Buyback Programme.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Canaccord Genuity Limited on behalf of Castings.

Individual transactions:

Number of shares purchased	Transaction price (pence per share)	Time of transaction	Trading venue
10,000	394.00	15:27:28	London Stock Exchange
14,300	390.00	16:35:15	London Stock Exchange

Enquiries:

Castings plc S J Mant, Director and Company Secretary	[phone]
Canaccord Genuity Limited Corporate: Adam James ECM: Sam Lucas	[phone]

 

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