Funding Circle Holdings plc Announces Share Buyback Transaction Details

Funding Circle Holdings plc reported on a recent transaction involving the buyback of its own shares. On May 3, 2024, the company bought back 200,000 ordinary shares at prices ranging from 68.80p to 71.20p on the London Stock Exchange. The average price paid for these shares was 69.7661p.

The shares were acquired as part of a buyback program that was announced on March 7, 2024. Funding Circle Holdings intends to cancel all the repurchased shares, reducing the total number of outstanding shares to 355,225,715 with voting rights. All transactions were managed by Numis Securities Limited, acting under the company's instructions.

This action is part of routine capital management, and following the cancellation, the company confirmed that no shares would be held in Treasury. The relevant figure of 355,225,715 will be used by shareholders for regulatory disclosures in compliance with the FCA's Disclosure Guidance and Transparency Rules.