Funding Circle Plc Executes Share Buyback Programme

Funding Circle Holdings plc has successfully completed a transaction to buy back its own shares, as detailed in a recent statement. This transaction took place on the London Stock Exchange with Numis Securities Limited acting as the executing entity. This move is part of a share buyback programme that was publicly announced on the 7th of March, 2024.

On April 10, 2024, the company repurchased a total of 150,000 ordinary shares. The prices paid per share ranged from 45.50p to 46.70p, with a volume-weighted average price of 45.9417p. Funding Circle intends to cancel all purchased shares, aiming to adjust its share capital structure.

Post-cancellation, Funding Circle’s issued share capital will be adjusted to 357,292,551 ordinary shares, all of which possess voting rights. The company confirmed that no ordinary shares will be held in Treasury following this transaction. This activity allows shareholders and others with notification obligations to recalibrate their interest notifications in accordance with FCA's Disclosure and Transparency Rules, using the updated share capital as a reference point.