RNS Number : 1284G

Mears Group PLC

17 July 2023

17 July 2023

Mears Group PLC

Transaction in Own Shares

Mears Group PLC ('Mears' or the 'Group') announces that, in accordance with the terms of its share buyback programme announced on 15 May 2023 (the 'Buyback Programme'), the Group has purchased the following number of ordinary shares of 1 penny each (the 'Ordinary Shares') through Panmure Gordon (UK) Limited.

 Date of purchase                 14 July 2023 
 Number of Ordinary Shares 
  purchased:                      305,314 
 Highest price paid per share 
  (GBp):                          276.50 
 Lowest price paid per share 
  (GBp):                          276.50 
 Volume weighted average price 
  paid (GBp):                     276.50 

The purchased Ordinary Shares will be cancelled. Since the announcement of the Buyback Programme on 15 May 2023, in connection with the first tranche of the Buyback Programme, Mears has purchased 2,741,468 Ordinary Shares in aggregate for cancellation.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Panmure Gordon (UK) Limited on behalf of Mears as part of the share buyback programme.

For further information, contact:

    Mears Group PLC        Tel: +44(0)1452 634 600 
    Andrew Smith 
    Numis                  Tel: +44(0)207 260 1000 
    Julian Cater 
    Kevin Cruickshank 
    Panmure Gordon         Tel: +44(0)207 886 2500 
    Tom Scrivens 

Individual Transactions

Number of ordinary  Transaction   Time of transaction  Transaction reference  Trading 
 shares purchased    price         (UK Time)            number                 venue 
                     (GBp share) 
       305,314      276.50         08:46:44            00016652956TRLO0       XLON 
                    ------------  -------------------  ---------------------  ------- 

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July 17, 2023 02:00 ET (06:00 GMT)

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