Transaction in Own Shares-LOGISTICS DEVELOPMENT GROUP PLC

Transaction in Own Shares-LOGISTICS DEVELOPMENT GROUP PLC

Transaction in Own Shares

LDG today announces that it has made (through Investec Bank PLC ("Investec") acting as the Company's broker) the following buybacks of ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") pursuant to the share buyback programme (the "Programme") announced on 4 April 2023.

Date of purchase13 July 2023
 

Number of Ordinary Shares purchased

114,984
 

Highest price paid per Ordinary Share

 

14.5p

 

Lowest price paid per Ordinary Share

 

14.5p

 

Volume weighted average price per Ordinary Share

 

14.5p

Notification of total voting rights in accordance with paragraph 5.6.1 of the FCA's Disclosure Guidance and Transparency Rules

Following the repurchase and cancellation of the Ordinary Shares set out above, the Company's issued share capital shall comprise 547,419,771 Ordinary Shares, of which none are held in treasury.

Hence the figure of 547,419,771 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in LDG under the FCA's Disclosure Guidance and Transparency Rules.  The Company will make further announcements in due course following the completion of any further purchases pursuant to the Programme.

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own Ordinary Shares by the Company, which were all executed through Investec are set out below:

Individual Transactions:

Number of Ordinary Shares purchasedTransaction price (pence per Ordinary Share)Time of transactionTrading venue
114,98414.515:52:18INVE
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