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Commencement of Share Buyback Programme

15th Mar 2022 07:00

RNS Number : 7465E
CMC Markets Plc
15 March 2022
 

15 March 2022

CMC Markets plc

("CMC" or the "Company")

 

 

Commencement of Share Buyback Programme

 

Further to its announcement on 2 March 2022, CMC announces that it will launch its share buyback programme of up to £30 million (the "Buyback Programme") with immediate effect. The Buyback Programme will commence immediately and will be completed no later than 30 June 2023, subject to continuing regulatory approval.

 

The maximum aggregate number of shares that will be repurchased is 29,071,747 ordinary shares. The purpose of the Buyback Programme is to reduce share capital.

 

The Company has appointed RBC Europe Limited ("RBC") to manage the Buyback Programme on its behalf. Any purchases made during closed periods, shall be made independently of and uninfluenced by the Company.

 

 

 

Enquiries

CMC Markets Plc

James Cartwright, Investor Relations

Euan Marshall, Chief Financial Officer

[email protected]

 

 

 

 

 

LEI of CMC Markets plc: 213800VB75KAZBFH5U07

 

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