AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

ECORA RESOURCES PLC

Transaction in Own Shares May 10, 2022

4763_rns_2022-05-10_01657e91-97d6-441a-96ff-fdde1c926d66.html

Transaction in Own Shares

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

RNS Number : 8492K

Wentworth Resources PLC

10 May 2022

FOR IMMEDIATE RELEASE

10 May 2022

WENTWORTH RESOURCES PLC

("Wentworth" or the "Company")

Transaction in Own Shares

Wentworth Resources plc (AIM: WEN), the independent, Tanzania-focused natural gas production company, announces that, in accordance with the terms of its share buyback programme announced on 17 December 2021, it has purchased the following number of ordinary shares of no par value each in the capital of the Company through Stifel Nicolaus Europe Limited.

Date of purchase: 9 May 2022
Aggregate number of ordinary shares purchased: 17,304
Lowest price paid per share: 21.50
Highest price paid per share: 21.50
Volume weighted average price paid per share: 21.50

Following the share buyback the Company will have 177,182,567 ordinary shares (excluding treasury shares) of no par value each in issue. This purchase brings the total number of ordinary shares held in treasury to 3,597,910 of which 597,910 of these shares held are pending cancellation.

The figure of 177,182,567 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.

Schedule of purchases:

Shares purchased: Wentworth Resources plc (ISIN: JE00BGT34J81)
Date of purchases: 9 May 2022
Investment firm: Stifel Nicolaus Europe Limited

Individual transactions:

Transaction date and time Number of shares purchased Transaction price (pence per share) Trading venue
9 May 2022,

16:39 p.m.
17,304 21.50 LSE
Enquiries: 

Wentworth Resources
Katherine Roe,

Chief Executive Officer
[email protected]

+44 (0) 7841 087 230
Stifel Nicolaus Europe Limited AIM Nominated Adviser and Joint Broker 

Callum Stewart

Ashton Clanfield

Simon Mensley
+44 (0) 20 7710 7600
Peel Hunt LLP Joint Broker 

Richard Crichton

Alexander Allen
+44 (0) 20 7418 8900
FTI Consulting Communications Advisor 

Sara Powell

Ben Brewerton
+44 (0) 20 3727 1000

About Wentworth Resources

Wentworth Resources plc (AIM: WEN) is a leading, domestic natural gas producer in Tanzania with a core producing asset at Mnazi Bay in the onshore Rovuma Basin in Southern Tanzania.

Inside Information

The information contained within this announcement is deemed by Wentworth to constitute inside information as stipulated under the Market Abuse Regulation (EU) no. 596/2014 ("MAR") (as in force in the UK and as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019). On the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSFLFSREEIAIIF

Talk to a Data Expert

Have a question? We'll get back to you promptly.