25 Mar 2019 07:00
C&C Group Plc("C&C" or the "Group")
Transaction in own Shares
Pursuant to the authority given by its shareholders, C&C Group plc announces the purchase, through J&E Davy, of its own ordinary shares of €0.01 each as detailed below.
Following consultations with shareholders, the shares have been repurchased as part of C&C's policy to mitigate the expected dilution arising from the Final Dividend Scrip Alternative for the financial year ending 28 February 2019.
Date of purchase: | 22 March 2019 |
Number of Ordinary Shares purchased: | 400,000 |
Highest price paid per share: | €3.22 |
Lowest price paid per share: | €3.20 |
The purchase represented an average price per share of | €3.2134 |
The purchased shares will be cancelled. Following this purchase, the total number of ordinary shares held in treasury, which do not carry voting rights, is 9,025,000. The total number of voting rights in C&C Group plc is 310,219,042.
Contact:Mark ChiltonCompany Secretary
C&C Group (CCR)