1st Oct 2026 11:01
Beauty Tech Group PLC - Cheshire, England-based seller of at-home beauty treatment technology - Prices its buyback via reverse accelerated bookbuild at 400 pence per share for a total of GBP1.2 million. Beauty Tech says this "represents a highly attractive and value-accretive price for the company and continuing shareholders," as it is below share price of 454p at market close on Monday. The London branch of Joh Berenberg, Gossler & Co KG, acting as a riskless principal, has a put option exercisable on Thursday. The transaction is expected to settle on October 5. Beauty Tech expects to buy back the remaining GBP18.9 million shares through a new rolling on-market buyback.
Current stock price: up 1.3% at 471.00 pence on Thursday in London
12-month change: up 64%
By Camilla Borri, Alliance News reporter
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