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Ecora Resources PLC Announces Transaction in Own Shares

Ecora Resources PLC announced the purchase of 100,000 ordinary shares on the London Stock Exchange as part of its share buyback program.

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Ecora Resources PLC announced the purchase of 100,000 ordinary shares on the London Stock Exchange as part of its share buyback program. The company now holds 261,732,553 ordinary shares, with 10,250,656 in treasury. Shareholders can use the figure of 251,481,897 to determine their interests. The Market Abuse Regulation details the trades made by Peel Hunt LLP.

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Transaction in Own Shares

LONDON, UK / ACCESSWIRE / May 2, 2024 / Ecora Resources PLC (LSE:ECOR)(TSX:ECOR) announces that on 1 May 2024, it purchased 100,000 ordinary shares of 2p each in the Company (the "Shares") on the London Stock Exchange through Peel Hunt LLP, in accordance with the terms of its share buyback programme announced on 27 March 2024 (the "Programme"). The shares acquired will be held in treasury.

Date of purchase:

1 May 2024

Aggregate number of ordinary shares purchased:

100,000

Lowest price paid per share (pence per share):

82.00

Highest price paid per share (pence per share):

82.20

Volume weighted average price paid per share (pence per share):

82.10

Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 10,250,656 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 251,481,897.

The above figure of 251,481,897 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.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Peel Hunt LLP as part of the Programme.

Name of Issuer

Identity code of the financial instrument

Date

Time

Price (pence)

Quantity bought

Exchange Venue

Ecora Resources PLC

GB0006449366

01/05/2024

10:12:53

82.20

50,000

LSE

Ecora Resources PLC

GB0006449366

01/05/2024

15:42:37

82.00

50,000

LSE

For further information

Ecora Resources PLC

+44 (0) 20 3435 7400

Jason Gray - Company Secretary

Website:

www.ecora-resources.com

FTI Consulting

Sara Powell / Ben Brewerton / Nick Hennis

+44(0) 20 3727 1000

ecoraresources@fticonsulting.com

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 rns@lseg.com or visit www.rns.com.

SOURCE: Ecora Resources PLC



View the original press release on accesswire.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When did Ecora Resources PLC purchase 100,000 ordinary shares?

Ecora Resources PLC purchased 100,000 ordinary shares on 1 May 2024.

What is the total number of ordinary shares now held by Ecora Resources PLC?

Ecora Resources PLC now holds 261,732,553 ordinary shares, with 10,250,656 in treasury.

How can shareholders determine their interests in Ecora Resources PLC?

Shareholders can use the figure of 251,481,897 as a denominator to calculate their interests in the company.

Who facilitated the trades as part of the share buyback program?

Peel Hunt LLP facilitated the trades on the London Stock Exchange as part of the share buyback program.

What regulation governs the detailed information of the trades made by Peel Hunt LLP?

The Market Abuse Regulation (EU) No 596/2014 governs the detailed information of the trades made by Peel Hunt LLP.

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