on Funding Circle Plc (isin : GB00BG0TPX62)
Funding Circle Plc Completes Share Buyback Transaction
On December 17, 2024, Funding Circle Holdings plc executed a share buyback transaction, acquiring 179,290 of its Ordinary Shares for cancellation through Investec Bank plc on the London Stock Exchange (LSE). This move aligns with the company's ongoing share repurchase program announced on October 16, 2024.
The shares were bought at prices ranging from 124.50p to 132.50p, with a volume-weighted average of 127.2449p per share. The action will result in a reduced issued share capital of 328,446,120 Ordinary Shares, influencing shareholder calculations related to FCA's Disclosure Guidance and Transparency Rules.
The buyback provides detailed transactional data, adhering to the Market Abuse Regulation as part of EU Law retained after Brexit. No shares are held in Treasury post-cancellation, optimizing capital structure and potentially benefiting shareholder value.
R. H.
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