TIDMALM

RNS Number : 8378G

Allied Minds PLC

18 November 2022

18 November 2022

Allied Minds Plc

("the "Company")

Transaction in own shares

Allied Minds plc (AIM: ALM, 'Allied Minds' or 'the Company') announces that, in accordance with the terms of its share buyback programme announced on 17 November 2022 ("Share Buyback Programme"), the Company purchased the following number of its Ordinary Shares of GBP0.01 each ("Ordinary Shares") through Numis Securities Limited. The Ordinary Shares purchased will be held in treasury until transferred by the Company to the directors and employees in satisfaction of awards under the 2014 Long Term Incentive Plan ("LTIP").

 
 Date of purchase:                                           17 November 
                                                                    2022 
 Volume of Allied Minds shares purchased:                         97,158 
 Average market price paid per share (GBp):                       9.0472 
 Highest price paid per share (GBp):                               9.080 
 Lowest price paid per share (GBp):                                9.000

Following the purchase of these shares, the remaining number of Ordinary Shares in issue will be 239,553,115 (excluding treasury shares), and the Company hold 97,158 Ordinary Shares in treasury. Therefore, the total voting rights in the Company will be 239,553,115. This figure for the total number of voting rights 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, the Company under the FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Numis Securities Limited as part of the Share Buyback Programme.

Schedule of Purchases - Individual Transactions

 
 Number of          Transaction    Time of transaction   Transaction reference   Trading 
  ordinary shares    price          (UK Time)             number                  venue 
  purchased          (GBp share) 
 22514              9.02           14:18:37              00062227303TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 50000              9.08           14:18:37              00062227304TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 22260              9.00           14:18:41              00062227310TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 975                9.04           15:41:28              00062231675TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 909                9.06           16:13:39              00062233369TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 400                9.08           16:35:28              00062234918TRLO0        LSE 
                   -------------  --------------------  ----------------------  -------- 
 100                9.08           16:35:28              00062234919TRLO0        LSE 
                   -------------  --------------------  ----------------------  --------

The Company will make further regulatory announcements to shareholders in respect of purchases of Ordinary Shares by the Company as they occur.

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
 Allied Minds plc                       c/o Instinctif Partners 
 
 JTC (UK) Limited - Company Secretary   0203 846 9774 
  Christopher Gibbons                    christopher.gibbons@jtcgroup.com 
 
 Instinctif Partners - Communications 
  Tim Linacre / Rozi Morris / Joe         alliedminds@instinctif.com 
  Quinlan

The Company's LEI is 213800YB4G7YN21NLL72

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSZZMMMZNKGZZZ

(END) Dow Jones Newswires

November 18, 2022 02:00 ET (07:00 GMT)

Allied Minds (LSE:ALM)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Allied Minds Charts.
Allied Minds (LSE:ALM)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Allied Minds Charts.