Transaction in Own Shares

EnQuest PLC

27 August 2024

 

FOR IMMEDIATE RELEASE                                                                              27 August 2024

ENQUEST PLC ("EnQuest" or "the Company")

TRANSACTIONS IN OWN SHARES

EnQuest PLC (the "Company") announces that, on 23 August 2024, it purchased the following number of its ordinary shares of 5 pence each (the "Ordinary Shares") through Merrill Lynch International ("Merrill Lynch"). Such purchase was effected pursuant to the instructions issued by the Company in accordance with the share repurchase arrangements entered into with Merrill Lynch, as announced on 29 April 2024.

Aggregated information of Ordinary Shares purchased on 23 August 2024 according to each trading venue:

Venue	Weighted average price paid per share (GBp)	Aggregate number of shares purchased	Lowest price paid per share (GBp)	Highest price paid per share (GBp)
London Stock Exchange	12.88	86,549	12.72	12.96
Chi-X	12.86	10,933	12.78	12.94
BATS	-	0	-	-
Turquoise	12.96	529	12.96	12.96
Total (all venues)	12.88	98,011	12.72	12.96

Since 29 April 2024, the Company has purchased 25,416,046 Ordinary Shares at a cost (including dealing and associated costs) of £3,547,742.50. Of those shares, 25,000,000 Ordinary Shares have been retained in Treasury and will be issued in due course to the Company's Employee Benefit Trust and 416,046 Ordinary Shares have been purchased for cancellation.

Following the cancellation of the purchased shares, there will be 1,915,508,293 Ordinary Shares in issue and 25,000,000 Shares in Treasury. The total voting rights in the Company will accordingly be 1,890,508,293. This figure 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 Disclosure and Transparency Rules.

A full breakdown of the individual trades made by Merrill Lynch 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/6722B_1-2024-8-24.pdf

LEI: 2138008LJU6WFQWOXJ73

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

Enquiries:

EnQuest plc                                                                 [phone]

Kate Christ, Company Secretary

 

END