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Pin to quick picksScience Group Regulatory News (SAG)

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585.00    0.00 (0.00%)
Bid:
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Spread: 10.00 (1.724%)
Market Cap: £238.64m
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Share Buyback Update

22 Oct 2024 07:00

RNS Number : 0142J
Science Group PLC
22 October 2024
 

 

22 October 2024

 

Science Group plc

(the "Company" or "Science Group")

 

Share Buyback Update

 

In 2024, the Company has repurchased 799,230 shares at a total cost of £3.6 million. At the time of the Interim Results on 23 July 2024, the Board announced an increase in the share buyback programme to £5 million. The Group has significant cash resources and is keeping the Buyback limit under review.

 

In parallel, the Board has appointed Panmure Liberum Limited to manage the buyback on an independent basis, within the programme terms and subject to defined parameters, enabling the buyback to continue during closed periods until the earlier of the next Annual General Meeting and 30 June 2025.

 

 

- Ends -

 

 

For further information:

Science Group plc

Sarah Cole, Company Secretary

Tel: +44 (0) 1223 875 200

 

www.sciencegroup.com  

Cannacord Genuity Limited (Nominated Adviser and Joint Broker)

Simon Bridges, Andrew Potts

Tel: +44 (0) 20 7523 8000

Panmure Liberum Limited (Joint Broker)

Max Jones, John More

Tel: +44 (0) 20 3100 2000

 

 

 

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