TIDMCGS

RNS Number : 2389H

Castings PLC

26 July 2023

26 July 2023

Castings PLC (LSE: CGS)

("Castings" or the "Company")

Transaction in Own Shares

Castings Plc ("Castings" or the "Company") announces that it has made the following purchases of ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") from Canaccord Genuity Limited on the London Stock Exchange ("LSE") pursuant to the Share Buyback Programme announced on 13 July 2023.

 
 Date of purchase                                   25 July 2023 
 Number of Ordinary Shares purchased (aggregated 
  volume):                                          11,000 
 Highest Price paid per Ordinary Share (GBP):       3.90 
 Lowest Price paid per Ordinary Share (GBP):        3.90 
 Volume Weighted Average Price paid per 
  Ordinary Share (GBP):                             3.90 
 Venue where Ordinary Shares are traded             London Stock Exchange

The Company will hold the repurchased shares in treasury. Following the purchase of the Ordinary Shares, the number of Ordinary Shares in issue and admitted to trading on the LSE will be 43,482,368 (excluding treasury shares), and the Company will hold 149,700 ordinary shares in treasury.

This figure of 43,482,368 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Share Buyback Programme.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Canaccord Genuity Limited on behalf of Castings.

Individual transactions:

 
 Number of shares   Transaction price    Time of transaction       Trading venue 
     purchased       (pence per share) 
      7,000               390.00              12:29:36         London Stock Exchange 
                   -------------------  --------------------  ---------------------- 
      4,000               390.00              16:35:50         London Stock Exchange 
                   -------------------  --------------------  ----------------------

Enquiries:

 
 Castings plc 
  S J Mant, Director and Company Secretary      +44 (0) 15 433 74341 
 Canaccord Genuity Limited 
  Corporate: Adam James 
  ECM: Sam Lucas                                +44 (0) 20 7523 8000

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END

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July 26, 2023 02:06 ET (06:06 GMT)

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