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

MARLOWE PLC

Transaction in Own Shares Oct 3, 2024

7777_rns_2024-10-03_a311a616-4524-4ebc-b9b5-6136f450e90a.html

Transaction in Own Shares

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

RNS Number : 7195G

Marlowe PLC

03 October 2024

3 October 2024

Marlowe plc

Transaction in Own Shares

Marlowe plc ("Marlowe" or the "Group"), the leader in business-critical services, announces that, in accordance with the terms of its share buyback programme announced on 22 May 2024, the Company has purchased 35,000 ordinary shares of 50 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 330.429 pence per Share through Cavendish Capital Markets Limited ("Cavendish"). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase: 02/10/2024
Aggregate Number of Shares Purchased: 35,000
Lowest Price Paid per Share (pence): 330.429
Highest Price Paid per Share (pence): 330.429
Volume-Weighted Average Price Paid per Share (pence): 330.429

Following the cancellation of Shares, Marlowe will have 87,968,737 ordinary shares of 50 pence each in issue and no ordinary shares are held in treasury. This figure of 87,968,737 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.

Individual Transactions
Number of Shares purchased Transaction price (pence per Share) Time of transaction Venue
35,000 330.429 16.38 AIMX
For further information:
Marlowe plc
Lord Ashcroft, Interim Non-Executive Chair

Adam Councell, Chief Financial Officer

Benjamin Tucker, Head of Investor Relations & Strategy
www.marloweplc.com

Tel: +44 (0)20 3813 8498

[email protected]
Cavendish Capital Markets Limited (Nominated Adviser & Joint Broker)
Ben Jeynes

George Lawson
Tel: +44 (0)20 7220 0500
Investec Bank (Joint Broker)
Henry Reast

Oliver Cardigan
Tel: +44 (0)20 7597 5970
FTI Consulting
Nick Hasell

Alex Le May
Tel: +44 (0)20 3727 1340

About Marlowe plc

Marlowe is a leader in business-critical services which ensures compliance with strict regulations and insurance requirements across Fire Safety & Security, Water & Air Hygiene and Occupational Health. The Group has a national footprint and serves over 30,000 customers across office complexes, high streets & leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.

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

POSBLBDGDDGDGSD

Talk to a Data Expert

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