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PayPoint plc Announces Share Repurchase Details

PayPoint plc Announces Share Repurchase Details

PayPoint plc Share Repurchase Announcement

PayPoint plc ("PayPoint" or the "Company") has announced its recent acquisition of ordinary shares, each valued at £0.00333, through Investec Bank plc.

Details of the Share Transactions

Here are the specifics regarding the share transactions:

Ordinary Shares Summary

Date of purchase: 20 August 2024

Total number of ordinary shares purchased: 1,902

Lowest price per share (in pence): 709.00

Highest price per share (in pence): 716.00

Weighted average price per day (in pence): 712.3044

The Company plans to cancel the shares that were purchased.

Current Share Capital

According to this announcement, the Company's share capital is made up of 72,348,890 ordinary shares of 1/3 pence each, with each share carrying one vote at general meetings. The Company does not hold any shares in Treasury.

This number can assist shareholders in calculations related to notification obligations under the FCA's Disclosure Guidance and Transparency Rules.

Aggregate Information on Purchases

The table below provides detailed information about the purchases conducted as part of this buyback program.

Purchasing Venue and Price Information

Venue: XLON

Volume-weighted average price: 712.3044 pence

Total volume: 1,902 shares

Lowest price per share: 709.00 pence

Highest price per share: 716.00 pence

Individual Transactions Breakdown

In accordance with the Market Abuse Regulation, a comprehensive breakdown of the individual trades executed by Investec on behalf of the Company is provided below:

Transaction Details

A summary of individual transaction times, shares, prices, trading venues, and transaction references is available to enhance transparency in the buyback process.

Contact Information

For additional information, please reach out to:

PayPoint plc
Nick Wiles, Chief Executive Officer
Mobile: 07442 968960
Rob Harding, Chief Financial Officer
Mobile: 07525 707970

FGS Global
Rollo Head
James Thompson
Telephone: 0207 251 3801

Investec Bank plc
Carlton Nelson
Henry Reast
Telephone: 0207 597 5970

Frequently Asked Questions

What is the share repurchase date?

The shares were purchased on 20 August 2024.

How many shares were repurchased?

A total of 1,902 ordinary shares were repurchased.

What is the lowest and highest price per share?

The lowest price per share was 709.00 pence, while the highest was 716.00 pence.

What will happen to the repurchased shares?

The Company intends to cancel the repurchased shares.

Who can I contact for more information?

For inquiries, you can reach out to PayPoint's CEO and CFO, as well as their communications team, whose contact details are provided above.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

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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