ZDP Buyback Update and Results
The Conygar Investment Company PLC has completed its Zero Dividend Preference (ZDP) Share Acquisition Programme, increasing the maximum aggregate consideration to £3,000,000 and purchasing 2,457,684 ZDP Shares at £1.221 per share. This programme, which was initially announced on 22 January 2026, is now concluded, and the company now holds a total of 12,457,684 ZDP Shares.
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Further to the Company's announcement of 22 January 2026 regarding the commencement of a Programme to acquire ZDP Shares up to a maximum aggregate consideration of £2,500,000, the Company announces that, in response to demand, it has increased the maximum aggregate consideration to £3,000,000 and subsequently purchased 2,457,684 ZDP Shares at a price of £1.221 per ZDP Share, being the Accrued Capital Entitlement of each ZDP Share as at the date of purchase. The Programme is now complete in accordance with its terms. The purchases under the Programme were executed by Panmure Liberum Limited acting as riskless principal.
Following the transaction, the Company holds, in aggregate, 12,457,684 ZDP Shares.
Capitalised terms used but not defined in this announcement have the meaning given to them in the Company's announcement dated 22 January 2026.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.