St James's Place Regulatory News (STJ)

St. James's Place plc

Share buy-back programme

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER FOR SALE OF ANY SECURITIES OR AN OFFER OR INVITATION TO PURCHASE ANY SECURITIES IN ANY JURISDICTION OR A SOLICITATION OF ANY VOTE OR APPROVAL. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (DIRECTLY OR INDIRECTLY) IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

Further to the announcement made on 30 July 2024, St. James's Place plc (the Company) announces that it is commencing a share buy-back programme to repurchase its ordinary shares, subject to a maximum consideration of £32.9 million. The programme will begin on 27 August 2024 and end no later than on 31 December 2024. The sole purpose of the buy-back programme is to reduce the capital of the Company.

The programme will be carried out through an irrevocable non-discretionary agreement with J.P. Morgan Securities plc (JPMS plc), pursuant to which JPMS plc shall purchase ordinary shares as riskless principal (and not as agent of the Company) for the subsequent sale on to, and purchase by, the Company in accordance with the Company's current buy-back authority granted by shareholders at the Company's 2024 Annual General Meeting. JPMS plc will make its trading decisions in relation to the ordinary shares independently of, and uninfluenced by, the Company (including, for the avoidance of doubt, in the case of any purchases made during closed periods).

This arrangement is in accordance with the applicable UK Financial Conduct Authority's Listing Rules and the Company's general authority to repurchase shares.

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