EnQuest Announces Transaction in Own Shares

Source: www.gulfoilandgas.com 5/24/2024, Location: Europe

EnQuest PLC announces that, on 23 May 2024, it purchased the following number of its ordinary shares of 5 pence each (the "Ordinary Shares") through Merrill Lynch International ("Merrill Lynch"). Such purchase was effected pursuant to the instructions issued by the Company in accordance with the share repurchase arrangements entered into with Merrill Lynch, as announced on 29 April 2024 (the "Programme").

Aggregated information of Ordinary Shares purchased on 23 May 2024 according to each trading venue:

London Stock Exchange
Weighted average price paid per share (GBp): 14.95
Aggregate number of shares purchased: 506,137
Lowest price paid per share (GBp): 14.68
Highest price paid per share (GBp): 15.18

Chi-X
Weighted average price paid per share (GBp): 14.89
Aggregate number of shares purchased: 17,742
Lowest price paid per share (GBp): 14.68
Highest price paid per share (GBp): 15.00

BATS
Weighted average price paid per share (GBp): 14.93
Aggregate number of shares purchased: 23,808
Lowest price paid per share (GBp): 14.68
Highest price paid per share (GBp): 15.10

Turquoise
Weighted average price paid per share (GBp): -
Aggregate number of shares purchased: 0
Lowest price paid per share (GBp): -
Highest price paid per share (GBp): -

Total (all venues)
Weighted average price paid per share (GBp): 14.94
Aggregate number of shares purchased: 547,687
Lowest price paid per share (GBp): 14.68
Highest price paid per share (GBp): 15.18

Since 29 April 2024, the Company has purchased 4,395,389 Ordinary Shares to be held in Treasury at a cost (including dealing and associated costs) of £699,606.00

It is intended that the first 25 million Ordinary Shares purchased under the Programme will be held in Treasury for issue in due course to the Company's Employee Benefit Trust. To the extent permitted by law, and after the initial 25 million Ordinary Shares are purchased, all additional Ordinary Shares purchased under the Programme will be cancelled.

Following the above transaction, there will be 4,395,389 Ordinary Shares in Treasury and 1,911,528,950 Ordinary Shares in issue (excluding Treasury shares). The total voting rights in the Company will accordingly be 1,911,528,950. This figure 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 Disclosure and Transparency Rules.

A full breakdown of the individual trades made by Merrill Lynch on behalf of the Company as part of the share repurchase programme is attached to this document.


Canada >>  6/24/2024 - International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 243,...
Canada >>  6/24/2024 - Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo”), a company fueling renewable change, is pleased to announce that it proposes to undertak...

Ireland >>  6/24/2024 - The directors of Petrel Resources (AIM:PET) announce that its Annual Report & Notice of AGM for the financial year ended 31 December 2023 have been po...
Kazakhstan >>  6/24/2024 - Nostrum Oil & Gas PLC (LSE: NOG) ("Nostrum"), an independent mixed-asset energy company with world-class gas processing facilities and export hub in n...

Norway >>  6/24/2024 - Reference is made to the stock exchange notice from 10 June 2024 announcing a share buyback program for Aquila Holdings ASA (the “Company”). From 17 J...
United Kingdom >>  6/24/2024 - Inspired (AIM: INSE), a leading technology-based service provider supporting businesses to control energy costs and enable their journey to net-zero, ...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.