on Funding Circle Plc (isin : GB00BG0TPX62)
Funding Circle Acquires 295,842 Shares for Cancellation
On January 6, 2025, Funding Circle Holdings plc purchased 295,842 ordinary shares from Investec Bank plc on the London Stock Exchange. The operation is part of its buyback strategy announced in October 2024. The shares were acquired at prices ranging from 132.00p to 136.00p, with a volume-weighted average price of 134.1317p per share.
The company plans to cancel these shares, reducing its total issued share capital to 327,114,550 ordinary shares with voting rights. This corporate action thus adjusts the base for determining significant shareholdings as per FCA rules. The buyback supports the Market Abuse Regulation within the EU legal framework.
R. H.
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