18 July 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 1,030,000 ordinary shares of 50 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 454.89 pence per Share through Cavendish Capital Markets Limited ("Cavendish"). The Shares acquired will, in due course, be cancelled.
Aggregated Information
| Date of Purchase: | 17/07/2024 |
| Aggregate Number of Shares Purchased: | 1,030,000 |
| Lowest Price Paid per Share (pence): | 454.0 |
| Highest Price Paid per Share (pence): | 455.0 |
| Volume-Weighted Average Price Paid per Share (pence): | 454.89 |
Following the cancellation of Shares, Marlowe will have 90,337,571 ordinary shares of 50 pence each in issue and no ordinary shares are held in treasury. This figure of 90,337,571 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 |
| 1,000,000 | 454.91 | 11.22 | AIMX |
| 20,000 | 454.0 | 15.37 | AIMX |
| 10,000 | 455.0 | 16.36 | AIMX |
| For further information: | |
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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
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| Cavendish Capital Markets Limited (Nominated Adviser & Joint Broker) | |
| Ben Jeynes George Lawson | Tel: +44 (0)20 7220 0500 |
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| 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.
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