Transaction in Own Shares

RNS Number : 2005K

Yellow Cake PLC

04 May 2022

 

04 May 2022

Yellow Cake plc ("Yellow Cake" or the "Company")  

Transaction in Own Shares

Yellow Cake, a specialist company operating in the uranium sector with a view to holding physical uranium for the long term, announces that, on 03 May 2022, it purchased 83,917 ordinary shares of £0.01 each in the Company (the "Shares") on the London Stock Exchange through Canaccord Genuity Limited, in accordance with the terms of its share buyback programme announced on 04 April 2022 (the "Programme"). The Shares acquired will be held in treasury.

Date of purchase:	03 May 2022
Aggregate number of ordinary shares purchased:	83,917
Lowest price paid per share (pence per share):	388.2p
Highest price paid per share (pence per share):	395.0p
Volume weighted average price paid per share (pence per share):	392.3p

Following the purchase, the Company will have 187,740,730 ordinary shares of £0.01 each in issue, of which 4,501,289 ordinary shares are held in treasury.   Therefore, the total number of ordinary shares carrying voting rights will be 183,238,901.

The above figure of 183,238,901 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.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Canaccord Genuity Limited as part of the Programme.

Individual transactions:

Number of shares purchased	Transaction price (pence per share)	Time of transaction	Execution venue
3,015	395.00	08:13:27	AIMX
326	395.00	08:13:27	AIMX
1,659	395.00	08:13:27	AIMX
326	395.00	08:13:27	AIMX
3,015	395.00	08:14:11	AIMX
997	395.00	08:14:11	AIMX
988	395.00	08:14:11	AIMX
4,284	395.00	08:14:11	AIMX
1,010	395.00	08:14:11	AIMX
1,010	395.00	08:14:11	AIMX
1	395.00	08:14:11	AIMX
2,979	395.00	08:14:13	AIMX
5,110	395.00	08:14:13	AIMX
280	395.00	08:14:13	AIMX
1,224	392.00	08:17:33	AIMX
387	391.40	08:17:58	AIMX
118	391.40	08:17:58	AIMX
376	391.40	08:21:34	AIMX
362	392.00	08:24:34	AIMX
240	392.00	08:25:25	AIMX
81	392.00	08:25:25	AIMX
321	391.80	08:26:15	AIMX
380	391.40	08:26:15	AIMX
412	391.00	08:26:15	AIMX
1,000	391.40	08:26:15	AIMX
123	390.60	08:26:15	AIMX
225	390.60	08:26:15	AIMX
329	390.20	08:26:17	AIMX
115	390.20	08:26:17	AIMX
18	389.40	08:29:52	AIMX
430	389.40	08:29:52	AIMX
19	389.40	08:29:52	AIMX
168	389.40	08:29:52	AIMX
120	390.00	08:31:38	AIMX
204	390.00	08:31:38	AIMX
361	390.00	08:31:38	AIMX
349	390.00	08:40:03	AIMX
382	390.00	08:40:03	AIMX
378	391.20	08:41:10	AIMX
277	391.20	08:41:10	AIMX
398	391.20	08:41:25	AIMX
378	392.00	08:42:08	AIMX
6	392.00	08:42:08	AIMX
385	392.00	08:42:38	AIMX
361	392.00	08:42:38	AIMX
329	392.00	08:45:42	AIMX
351	392.00	08:45:42	AIMX
74	392.00	08:52:09	AIMX
290	392.00	08:53:12	AIMX
193	392.00	08:58:29	AIMX
822	392.00	09:11:50	AIMX
445	391.40	09:11:50	AIMX
747	392.00	09:11:50	AIMX
348	392.00	09:13:47	AIMX
56	392.00	09:13:47	AIMX
301	392.00	09:13:47	AIMX
126	392.00	09:13:47	AIMX
31	392.00	09:13:47	AIMX
743	391.00	09:21:15	AIMX
352	390.60	09:21:25	AIMX
380	390.80	09:21:25	AIMX
514	390.80	09:22:50	AIMX
692	390.80	09:22:50	AIMX
418	391.20	09:28:25	AIMX
433	391.20	09:28:25	AIMX
378	391.80	09:33:08	AIMX
6	391.80	09:33:08	AIMX
352	391.80	09:33:08	AIMX
378	392.00	09:33:22	AIMX
12	392.00	09:33:22	AIMX
355	391.80	09:33:22	AIMX
321	390.60	09:33:56	AIMX
444	391.60	09:35:15	AIMX
488	391.60	09:35:15	AIMX
101	392.00	09:36:35	AIMX
18	392.00	09:36:35	AIMX
257	392.00	09:36:35	AIMX
376	391.60	09:36:35	AIMX
333	390.60	09:47:02	AIMX
91	391.40	09:49:40	AIMX
218	391.20	09:49:40	AIMX
199	391.60	09:49:40	AIMX
85	391.60	09:49:40	AIMX
360	391.80	09:49:40	AIMX
59	391.80	09:51:40	AIMX
331	391.60	09:53:40	AIMX
338	391.60	09:54:40	AIMX
53	391.60	09:54:52	AIMX
367	391.40	09:55:50	AIMX
382	391.40	09:58:02	AIMX
356	391.00	10:00:37	AIMX
32	391.00	10:00:37	AIMX
738	392.00	10:01:47	AIMX
413	390.00	10:44:22	AIMX
699	390.00	10:44:22	AIMX
438	390.00	10:44:22	AIMX
83	389.40	10:44:22	AIMX
21	389.40	10:44:22	AIMX
321	389.40	10:44:22	AIMX
756	389.00	10:44:27	AIMX
66	389.00	10:44:27	AIMX
333	389.20	10:44:27	AIMX
349	389.60	10:45:45	AIMX
28	390.00	10:57:01	AIMX
213	390.00	10:57:01	AIMX
110	390.00	10:57:01	AIMX
22	390.00	10:57:01	AIMX
378	390.00	10:57:01	AIMX
313	390.00	10:57:01	AIMX
20	390.00	10:57:01	AIMX
154	390.00	11:01:01	AIMX
235	390.00	11:01:01	AIMX
399	390.00	11:01:01	AIMX
831	390.00	11:01:01	AIMX
231	389.00	11:01:04	AIMX
336	389.60	11:01:04	AIMX
141	389.00	11:07:50	AIMX
375	389.00	11:07:50	AIMX
488	389.00	11:08:18	AIMX
165	389.20	11:08:18	AIMX
1,000	389.40	11:08:18	AIMX
84	389.60	11:08:18	AIMX
364	389.80	11:08:45	AIMX
37	389.80	11:08:45	AIMX
359	389.80	11:08:45	AIMX
330	390.00	11:10:55	AIMX
367	390.00	11:11:35	AIMX
389	389.80	11:14:04	AIMX
99	390.00	11:14:04	AIMX
466	390.00	11:14:04	AIMX
348	390.00	11:20:08	AIMX
371	390.00	11:20:08	AIMX
440	389.40	11:26:02	AIMX
342	389.00	11:36:50	AIMX
343	389.40	11:37:45	AIMX
344	389.00	11:38:48	AIMX
412	388.80	11:45:03	AIMX
216	388.80	11:45:03	AIMX
378	389.00	11:45:03	AIMX
470	389.00	11:45:03	AIMX
378	389.20	11:47:41	AIMX
270	389.00	11:47:41	AIMX
343	389.20	11:50:41	AIMX
372	389.40	11:57:46	AIMX
372	389.00	11:58:00	AIMX
342	388.20	12:01:20	AIMX
345	388.20	12:01:20	AIMX
30	388.20	12:01:22	AIMX
23	388.20	12:01:22	AIMX
642	389.00	12:03:26	AIMX
441	389.20	12:03:26	AIMX
190	389.20	12:03:26	AIMX
181	389.20	12:03:26	AIMX
270	389.60	12:03:30	AIMX
113	389.60	12:03:30	AIMX
378	390.00	12:14:56	AIMX
128	390.00	12:35:18	AIMX
342	390.00	12:35:18	AIMX
368	390.00	12:35:18	AIMX
30	390.00	12:35:18	AIMX
389	390.00	13:06:12	AIMX
391	390.00	13:06:12	AIMX
384	390.00	13:06:12	AIMX
85	390.00	13:06:12	AIMX
381	390.00	13:06:12	AIMX
356	389.60	13:06:17	AIMX
1,248	393.80	16:35:10	AIMX
49	393.80	16:35:10	AIMX
1,320	393.80	16:35:10	AIMX
1,403	393.80	16:35:10	AIMX
1,254	393.80	16:35:10	AIMX
4,700	393.80	16:35:10	AIMX
373	393.80	16:35:10	AIMX
570	393.80	16:35:10	AIMX
379	393.80	16:35:10	AIMX

 

ENQUIRIES: 

Yellow Cake plc
Andre Liebenberg, CEO	Carole Whittall, CFO
Tel: [phone]
Nominated Adviser and Joint Broker: Canaccord Genuity Limited
Henry Fitzgerald-O'Connor	James Asensio
Gordon Hamilton Tel: [phone]
Joint Broker: Berenberg
Matthew Armitt	Jennifer Wyllie
Detlir Elezi
Tel: [phone]
Financial Adviser: Bacchus Capital Advisers
Peter Bacchus	Richard Allan
Tel: [phone]
Investor Relations: Powerscourt
Peter Ogden	Molly Melville
Tel: [phone]

ABOUT YELLOW CAKE

 

Yellow Cake is a London-listed company, headquartered in Jersey, which offers exposure to the uranium spot price. This is achieved through its strategy of buying and holding physical triuranium octoxide ("U₃O₈"). It may also seek to add value through the acquisition of uranium royalties and streams or other uranium related activities. Yellow Cake seeks to generate returns for shareholders through the appreciation of the value of its holding of U₃O₈ and its other uranium related activities in a rising uranium price environment. The business is differentiated from its peers by its ten-year Framework Agreement for the supply of U₃O₈ with Kazatomprom, the world's largest uranium producer. Yellow Cake currently holds 15.83 million lb of U₃O₈, all of which is held in storage in Canada and France. 

FORWARD LOOKING STATEMENTS

Certain statements contained herein are forward looking statements and are based on current expectations, estimates and projections about the potential returns of the Company and the industry and markets in which the Company will operate, the Directors' beliefs and assumptions made by the Directors. Words such as "expects", "anticipates", "should", "intends", "plans", "believes", "seeks", "estimates", "projects", "pipeline", "aims", "may", "targets", "would", "could" and variations of such words and similar expressions are intended to identify such forward looking statements and expectations. These statements are not guarantees of future performance or the ability to identify and consummate investments and involve certain risks, uncertainties and assumptions that are difficult to predict, qualify or quantify. Therefore, actual outcomes and results may differ materially from what is expressed in such forward looking statements or expectations. Among the factors that could cause actual results to differ materially are: uranium price volatility, difficulty in sourcing opportunities to buy or sell U₃O₈, foreign exchange rates, changes in political and economic conditions, competition from other energy sources, nuclear accident, loss of key personnel or termination of the services agreement with 308 Services Limited, changes in the legal or regulatory environment, insolvency of counterparties to the Company's material contracts or breach of such material contracts by such counterparties. These forward-looking statements speak only as at the date of this announcement. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based unless required to do so by applicable law or the AIM Rules.

 

END

 

 

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