Funding Circle Plc Announces Share Buyback Completion

Funding Circle Holdings plc reported the successful completion of its share buyback program on March 25, 2024, wherein 250,000 ordinary shares were purchased for cancellation. The transactions were carried out on the London Stock Exchange with Numis Securities Limited serving as the intermediary. The highest price and lowest price paid per share were 48.60p and 46.50p respectively, with a volume weighted average price of 47.3929p.

The company has declared that all purchased shares will be cancelled. Post-cancellation, Funding Circle's issued share capital will stand at 359,243,191 ordinary shares, all with voting rights. This recent activity is part of the company’s initiative announced previously on March 7, 2024, aimed at reducing the number of shares in circulation. Funding Circle has also clarified that there are no shares held in Treasury following this transaction. This action provides shareholders and others with notification obligations a new denominator (359,243,191) for interest notification calculations under the FCA's Disclosure Guidance and Transparency Rules.