Purchase of Shares by EBT

RNS Number : 4556V

Funding Circle Holdings PLC

09 August 2022

 

09 August 2022

LEI: 2138003EK6UAINBBUS19

Funding Circle Holdings plc (the "Company")

Purchase of shares by EBT

Funding Circle Holdings plc (the "Company") announces that Zedra Trust Company (Guernsey) Limited, in its capacity as trustee (the "Trustee") of the Company's Employee Benefit Trust (the "Trust"), has started making market purchases of ordinary shares in the Company for the benefit of the Trust of up to 5% of the Company's issued share capital (the "Market Purchases"). The shares will be used to help meet future obligations arising under the Company's various share plans.

The Market Purchases are subject to the Trustee's absolute discretion as to the purchase price to be paid within pre-agreed parameters set by the Company, including during any prohibited periods of the Company, as determined by the UK Market Abuse Regulation, which may fall during the period of the Market Purchases.

The EBT held 7,832,952 ordinary shares as at 31 July 2022, which represents c.2.17% of the Company's current issued share capital.

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Enquiries

Investor relations and media relations:

Abigail Whittaker - Director of Communications (07989 876136)

Headland Consultancy - Mike Smith / Stephen Malthouse (020 3805 4822)

About Funding Circle:

Funding Circle (LSE: FCH) is a small and medium enterprise ("SME") loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including retail investors, banks, speciality finance companies, asset management companies, insurance companies, government-backed entities and funds - have lent approximately £13 billion to c. 120,000 businesses globally.

 

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