23 December 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 578,405 ordinary shares of 50 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 311.213 pence per Share through Cavendish Capital Markets Limited ("Cavendish"). The Shares acquired will, in due course, be cancelled.
Aggregated Information
| Date of Purchase: | 20/12/2024 |
| Aggregate Number of Shares Purchased: | 578,405 |
| Lowest Price Paid per Share (pence): | 311.112 |
| Highest Price Paid per Share (pence): | 311.480 |
| Volume-Weighted Average Price Paid per Share (pence): | 311.213 |
Following the cancellation of Shares, Marlowe will have 83,067,430ordinary shares of 50 pence each in issue and no ordinary shares are held in treasury. This figure 83,067,430 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 |
| 158,405 | 311.480 | 16:23 | AIMX |
| 420,000 | 311.112 | 16:36
| 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
|
| Cavendish Capital Markets Limited (Nominated Adviser & Broker) | |
| Ben Jeynes George Lawson | Tel: +44 (0)20 7220 0500 |
| | |
| 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 and Water & Air Hygiene. The Group has a national footprint and serves approximately 27,000 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.
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.
