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24 Oct 2022 07:00
Augmentum Fintech Plc - Irrevocable Share Repurchase ProgrammeAugmentum Fintech Plc - Irrevocable Share Repurchase Programme
PR Newswire
London, October 21
24 October 2022
Augmentum Fintech plc
(the “Company”)
Irrevocable Share Repurchase Programme
At the Company's last annual general meeting on 14 September 2022 (the “AGM”), the Company’s shareholders granted the Company a general buy back authority of up to 14.99% of the Company's issued ordinary share capital.
The Company has appointed its joint brokers Peel Hunt LLP and Singer Capital Markets Securities Limited to manage an irrevocable programme (the “Irrevocable Buy Back Programme”) to buy back ordinary shares within certain pre-set parameters. Any ordinary shares purchased by the Company will be held in treasury. The Irrevocable Buy Back Programme will commence today and will run until publication of the Company’s Interim Report and Accounts for the six months ended 30 September 2022.
Any shares purchased in the Irrevocable Buy Back Programme will count towards the Company's general buy back authority of 14.99% of the Company's issued ordinary share capital, as approved at the Company's AGM.
The Company confirms that it currently has no inside information.
Enquiries:
| Augmentum Fintech Tim Levene, Portfolio Manager Nigel Szembel, Investor Relations | +44 (0)20 3961 5420 +44 (0)7802 362088 nigel@augmentum.vc |
| Peel Hunt Liz Yong, Luke Simpson, Huw Jeremy (Investment Banking) | +44 (0)20 7418 8900 |
| Singer Capital Markets Harry Gooden, Robert Peel, Alaina Wong (Investment Banking) | +44 (0)20 7496 3000 |
| Frostrow Capital LLP Paul Griggs, Company Secretary | +44 (0)20 3709 8733 |
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