Transaction in Own Shares

Marlowe PLC
18 July 2024
 

18 July 2024

 

Marlowe plc

 

Transaction in Own Shares

 

Marlowe plc ("Marlowe" or the "Group"), the leader in business-critical services, announces that, in accordance with the terms of its share buyback programme announced on 22 May 2024, the Company has purchased 1,030,000 ordinary shares of 50 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 454.89 pence per Share through Cavendish Capital Markets Limited ("Cavendish"). The Shares acquired will, in due course, be cancelled.

 

 

Aggregated Information

 

Date of Purchase:

17/07/2024

Aggregate Number of Shares Purchased:

1,030,000

Lowest Price Paid per Share (pence):

454.0

Highest Price Paid per Share (pence):

455.0

Volume-Weighted Average Price Paid per Share (pence):

454.89

 

 

Following the cancellation of Shares, Marlowe will have 90,337,571 ordinary shares of 50 pence each in issue and no ordinary shares are held in treasury. This figure of 90,337,571 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 FCA's Disclosure Guidance and Transparency Rules.

 

 

Individual Transactions

Number of Shares purchased

Transaction price (pence per Share)

Time of transaction

Venue

1,000,000

454.91

11.22

AIMX

20,000

454.0

15.37

AIMX

10,000

455.0

16.36

AIMX

 

For further information:


 

 

 

Marlowe plc


Lord Ashcroft, Interim Non-Executive Chair

Adam Councell, Chief Financial Officer

Benjamin Tucker, Head of Investor Relations & Strategy

www.marloweplc.com

Tel: +44 (0)20 3813 8498

IR@marloweplc.com

 

Cavendish Capital Markets Limited (Nominated Adviser & Joint Broker)

Ben Jeynes

George Lawson

Tel: +44 (0)20 7220 0500



Investec Bank (Joint Broker)


Henry Reast

Oliver Cardigan

Tel: +44 (0)20 7597 5970

FTI Consulting


Nick Hasell

Alex Le May

Tel: +44 (0)20 3727 1340

 

About Marlowe plc

Marlowe is a leader in business-critical services which ensures compliance with strict regulations and insurance requirements across Fire Safety & Security, Water & Air Hygiene and Occupational Health. The Group has a national footprint and serves over 30,000 customers across office complexes, high streets & leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.

 

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END
 
 

Companies

Marlowe (MRL)
UK 100

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