RNS Number : 8465J

Mears Group PLC

21 August 2023

21 August 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                 18 August 2023 
 Number of Ordinary Shares 
  purchased:                      306,142 
 Highest price paid per share 
  (GBp):                          283.28 
 Lowest price paid per share 
  (GBp):                          282.00 
 Volume weighted average price 
  paid (GBp):                     283.23 

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 6,122,656 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) 
     108,197          283.283          11:22:39          00016890707TRLO0      XLON 
                    ------------  -------------------  ---------------------  ------- 
     170,000          283.283          11:17:03          00016890643TRLO0      XLON 
                    ------------  -------------------  ---------------------  ------- 
      18,500           282.69          11:09:29          00016890512TRLO0      XLON 
                    ------------  -------------------  ---------------------  ------- 
      5,000           282.879          11:10:26          00016890561TRLO0      XLON 
                    ------------  -------------------  ---------------------  ------- 
      4,445           282.886          11:16:07          00016890637TRLO0      XLON 
                    ------------  -------------------  ---------------------  ------- 

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(END) Dow Jones Newswires

August 21, 2023 02:00 ET (06:00 GMT)

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