Tirlán Co-operative Society Announces Glanbia Share Sale and Buyback

Tirlán Co-operative Society Limited has announced plans for a secondary placement and directed buyback, representing approximately 5% of Glanbia plc's share capital. The company will privately place up to 12 million ordinary shares of Glanbia with institutional investors through an accelerated bookbuild offering. Additionally, Glanbia will participate in a directed buyback for up to €50 million.

Goodbody Stockbrokers UC and Coöperatieve Rabobank U.A., in cooperation with Kepler Cheuvreux S.A., have been appointed as joint global coordinators for the equity placement. Final pricing and the number of shares to be placed will be determined at the end of the bookbuild process. Settlement is anticipated around 16 June 2026.

A share purchase agreement was approved by Glanbia's shareholders in April 2026. The agreement allows Glanbia to cancel purchased shares. The equity placement shares target institutional investors exclusively and comply with international securities regulations.