LOGISTICS DEVELOPMENT GROUP PLC

Transaction in Own Shares • Mar 14, 2024

National Storage Mechanism | Additional information

RNS Number : 7538G

Logistics Development Group PLC

14 March 2024

14th March 2024

Logistics Development Group plc

("LDG" or the "Company")

Transaction in Own Shares

LDG today announces that it has made (through Investec Bank PLC ("Investec") acting as the Company's broker) the following buybacks of ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") pursuant to the share buyback programme (the "Programme") announced on 4 April 2023.

Date of purchase

13th March 2024

Number of Ordinary Shares purchased

51,045

Highest price paid per Ordinary Share

12.45p

Lowest price paid per Ordinary Share

12.45p

Volume weighted average price per Ordinary Share

12.45p

Notification of total voting rights in accordance with paragraph 5.6.1 of the FCA's Disclosure Guidance and Transparency Rules

Following the repurchase and cancellation of the Ordinary Shares set out above, the Company's issued share capital shall comprise 526,260,046 Ordinary Shares, of which none are held in treasury.

Hence the figure of 526,260,046 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 LDG under the FCA's Disclosure Guidance and Transparency Rules.  The Company will make further announcements in due course following the completion of any further purchases pursuant to the Programme.

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own Ordinary Shares by the Company, which were all executed through Investec are set out below:

Individual Transactions:

Number of Ordinary Shares purchased	Transaction price (pence per Ordinary Share)	Time of transaction	Trading venue
51,045	12.45	15:46:31	INVE

For enquiries:

Logistics Development Group plc	Via FTI Consulting
FTI Consulting Nick Hasell Alex Le May	+44 (0) 20 3727 1340
Strand Hanson Limited (Financial and Nominated Adviser) James Dance Richard Johnson Abigail Wennington	+44 (0) 20 7409 3494
Investec Bank plc (Broker) Gary Clarence Harry Hargreaves	+44 (0) 20 7597 5970

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