Transaction in Own Shares and Share Buyback Update

City Pub Group PLC (The)

21 August 2023

 

21 August 2023

The City Pub Group plc

Transaction in Own Shares and Share Buyback Update

The City Pub Group plc (the "Company") announces that it has purchased to be held in treasury (through Liberum Capital Limited ("Liberum) acting as the Company's broker) the following number of its shares of 1p each on the London Stock Exchange.

Date of purchase:	18 August 2023
Number of shares purchased (aggregated volume):	50,153
Highest price paid per share (pence):	85.2p
Lowest price paid per share (pence):	85.0p
Volume weighted average price paid per share (pence):	85.08p

Following the purchase of these shares, the Company's issued ordinary share capital consists of 106,293,430 ordinary shares of which a total of 1,261,901 shares are held in treasury, including shares which have been purchased but not yet settled and also 675,000 shares acquired under The City Pub Group plc Joint Share Ownership Plan (JSOP) which have not vested. The remaining 104,356,529 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

The Company also announces an amendement to the terms of the Share Buyback Programme announced on 5 October 2022 (the "Programme"). On 17 October 2023 the Company amended the irrevocable and non-discretionary instruction to Liberum, acting as 'riskless' or 'matched' principal, in relation to the Programme, which will end no later than 20 September 2023, amending the maximum value of the Programme to the lower of £2 million or a maximum aggregate quantum of ordinary shares in the Company to be repurchased under the Programme of 1,611,748.

In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Liberum on 18 August 2023 as part of the Share Buyback Programme.

Aggregate information: 

Venue	Volume-weighted average price (pence per share)	Aggregated volume
AIMX	85.08	50,153

 Individual transactions:

Number of shares purchased	Transaction price (pence per share)	Time of transaction	Venue
12,500	85.2	15:46:06	AIMX
5,000	85.1	15:45:52	AIMX
2,247	851	15:45:42	AIMX
2,247	85.1	15:45:32	AIMX
2,247	85.1	15:45:23	AIMX
2,247	85.075	15:45:12	AIMX
2,247	85.075	15:45:03	AIMX
2,000	85	15:44:47	AIMX
1,753	85	15:44:35	AIMX
1,753	85	15:44:27	AIMX
9,012	85	15:44:16	AIMX
6,900	85	15:44:06	AIMX

For further information:

The City Pub Group plc	via Instinctif Partners
Clive Watson, Chairman
Holly Elliott, Chief Financial Officer
Instinctif Partners	Tel: [phone]
Matthew Smallwood, Justine Warren, Guy Scarborough
Liberum Capital Limited (Nomad & Joint Broker)	Tel: [phone]
Chris Clarke, Edward Thomas, Kane Collings
Panmure Gordon (UK) Limited (Joint Broker)	Tel: [phone]
Simon J French, Ailsa Macmaster, Rupert Dearden

 

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