Share Buyback Programme Update
20 September 2024
Costain Group PLC
On-market Share Buyback Programme of £10m - Completion of First Tranche
and Commencement of Second Tranche
Costain Group PLC ("Costain") announces that, in accordance with the terms of its on-market share buyback programme announced on 21 August 2024 (the "Buyback"), Panmure Liberum Limited completed the first tranche of £5m (excluding stamp duty and expenses) on 19 September 2024, with a total of 4,909,473 ordinary shares purchased for cancellation. Accordingly, Investec Bank plc will now commence the second tranche of the Buyback of up to a maximum consideration of £5m (excluding stamp duty and expenses) with effect from today. The second tranche of the Buyback will continue to be conducted as set out in our announcement of 21 August 2024.
Enquiries:
|
Investors and analysts Paul Sharma, Costain
|
paul.sharma@costain.com +44 (0) 7867 501188 |
|
Financial media - Headland Andy Rivett-Carnac Charlie Twigg |
costain@headlandconsultancy.com +44 (0) 7968 997365 +44 (0) 7946 494568 |
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