20 Sep 2024 07:05
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20 September 2024
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Costain Group PLC
On-market Share Buyback Programme of Β£10m - Completion of First Trancheand Commencement of Second Tranche
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Costain Group PLC ("Costain") announces that, in accordance with the terms of its on-market share buyback programme announced on 21 August 2024 (the "Buyback"), Panmure Liberum Limited completed the first tranche of Β£5m (excluding stamp duty and expenses) on 19 September 2024, with a total of 4,909,473 ordinary shares purchased for cancellation. Accordingly, Investec Bank plc will now commence the second tranche of the Buyback of up to a maximum consideration of Β£5m (excluding stamp duty and expenses) with effect from today. The second tranche of the Buyback will continue to be conducted as set out in our announcement of 21 August 2024.
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Enquiries:
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Investors and analysts Paul Sharma, Costain Β | paul.sharma@costain.com +44 (0) 7867 501188 |
Financial media - Headland Andy Rivett-Carnac Charlie Twigg | costain@headlandconsultancy.com +44 (0) 7968 997365 +44Β (0) 7946 494568 |
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