Funding Circle Plc Completes Share Buyback Transaction

On December 13, 2024, Funding Circle Holdings plc executed a significant transaction involving the repurchase and cancellation of a substantial number of its own Ordinary Shares. This maneuver, part of a buy-back plan disclosed on October 16, 2024, saw the acquisition of 88,600 shares from Investec Bank plc on the London Stock Exchange.

The highest and lowest prices paid per share were 130.50p and 128.50p, respectively, with an average price of 129.3751p. Following the cancellation, Funding Circle's issued share capital now consists of 328,715,410 shares, all with voting rights, streamlining the corporate structure and possibly enhancing shareholder value.

In compliance with regulatory frameworks, detailed data about each trade executed by Investec was provided, underscoring transparency. These actions align with the Market Abuse Regulation and reflect strategic financial management by the company.