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Transaction in Own Shares

1 Jun 2022 07:00

RNS Number : 4615N
Alfa Financial Software Hldgs PLC
01 June 2022
 

01 June 2022

Alfa Financial Software Holdings PLC

Transaction in own shares

 

Alfa Financial Software Holdings PLC ("Alfa" or the "Company"), a leading developer of mission-critical software for the asset finance industry, announces that on 31 May 2022 it purchased the following number of ordinary shares of 1p each in the Company pursuant to its share buyback programme, details of which were announced on 18 January 2022.

 

 

Date of purchase:

 

 

31 May 2022

 

Number of ordinary shares purchased:

 

 

 8,529

 

Volume weighted average price paid per share:

 

 

£1.778553

 

Lowest price paid per share:

 

 

£1.765000

 

Highest price paid per share:

 

 

£1.790000

 

Broker:

 

 

Barclays Capital Securities Limited

 

The purchased ordinary shares will be held in treasury and may be utilised to satisfy employee share-based award obligations.

 

Including ordinary shares which have been purchased but not yet settled, the Company holds 1,154,299 ordinary shares in treasury and has 298,845,701 ordinary shares in issue (excluding treasury shares).

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) (also in force in the UK, from time to time, including, where relevant, pursuant to the UK's Market Abuse (Amendment) (EU Exit) Regulations 2019), a detailed breakdown of individual trades is available through the link below:

Alfa Transaction Summary 31-May-22

 

 

 

Enquiries

 

Alfa Financial Software Holdings PLC

Jonathan Bradshaw, Interim Company Secretary

 

+44 (0)20 7588 1800

Tulchan Communications LLP

James Macey White

Victoria Boxall

 

+44 (0)20 7353 4200

 

 

LEI Number: 213800C5UOZHUTNUGA28

 

Notes to Editors

Alfa has been delivering software systems and consultancy services to the global asset and automotive finance industry since 1990. Our best practice methodologies and specialised knowledge of asset finance facilitates delivery of large software implementations and highly complex business change projects. With an excellent delivery track record spanning three decades, Alfa's experience and performance is unrivalled in the industry.

Alfa Systems, our class-leading technology platform, is at the heart of some of the world's largest asset finance companies. Key to the business case for each implementation is Alfa Systems' ability to replace multiple customer systems with our single platform. Alfa Systems supports both retail and corporate business for auto, equipment, wholesale and dealer finance on a multijurisdictional basis, including leases/loans, originations and servicing. An end-to-end solution with integrated workflow and automated processing using business rules, Alfa Systems provides compelling solutions to asset finance companies.

Alfa Systems is currently used by customers or has live implementations in 26 countries and Alfa has offices in Europe, Australasia and North America. For more information, visit www.alfasystems.com.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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