News

Alliance Trust PLC Updates Share Buyback Details Today

Alliance Trust PLC Updates Share Buyback Details Today

Alliance Trust PLC Shares Purchase Update

Alliance Trust PLC
LEI: 213800SZZD4E2IOZ9W55

TRANSACTION IN OWN SHARES

Today, Alliance Trust PLC, recognized for its strategic asset management, has taken a notable step by acquiring 100,000 ordinary shares. Each share was purchased at a price of 1186.0p and will be stored in Treasury, demonstrating the company’s dedication to effective capital management.

Effects on Share Capital and Voting Rights

As a result of this transaction, the issued share capital of Alliance Trust now totals 284,244,600 ordinary shares. Of these, 2,285,000 shares are held in Treasury. Consequently, the total voting rights available within the company amount to 281,959,600 ordinary shares. This arrangement provides a clearer understanding of shareholder voting and engagement.

Compliance with FCA Reporting Regulations

For market observers, it’s crucial to remember that according to the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, Treasury shares must be excluded when calculating interests. Therefore, the pertinent figure for notifications regarding interests in Alliance Trust PLC remains at 281,959,600 shares.

Contact Information

Stakeholders with inquiries about this transaction can reach out to Juniper Partners Limited, the Company Secretary, by calling 0131 378 0500. The company is dedicated to maintaining transparency and ensuring that all stakeholders are updated on its financial activities.

Frequently Asked Questions

What type of shares did Alliance Trust PLC purchase?

Alliance Trust PLC purchased 100,000 ordinary shares of 2.5p each.

What is the total voting rights post-transaction?

The total voting rights in the Company is 281,959,600 ordinary shares.

How can I report my interest in the company?

Report your interest based on the figure of 281,959,600 shares, excluding any shares held in Treasury.

Who can I contact for more information about this transaction?

For more information, you can contact Juniper Partners Limited at 0131 378 0500.

What was the purchase price of the shares?

The Company purchased the shares at a price of 1186.0p each.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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