Update to Share Buyback Programme
Young's updates share buyback programme; 190,314 shares purchased for £1.1m to date.
- Shares purchased to date 190,314
- Total consideration to date £1.1m
- Original programme limit £10 million
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Young’s announces that it has carried out a review of the progress of its Share Buyback Programme (the "Programme") announced on 17 November 2025 to purchase up to £10 million in respect of its A ordinary and non-voting ordinary shares of 12.5 pence each (collectively, the "Shares"). Since the commencement of the Programme, the Company has purchased 190,314 Shares for total consideration of approximately £1.1m (excluding expenses).
Due to limited liquidity in the Shares, the Company, in discussions with its brokers, Peel Hunt LLP and Stifel Nicolaus Europe Limited, has agreed that on any given trading day the Programme may exceed 25 per cent. but remain below 50 per cent. of the average daily trading volume of the Shares. Accordingly, on trading days where the Programme exceeds 25 per cent. of the average daily trading volume, the Company may not benefit from the exemption contained in Article 5(1) of Regulation (EU) 596/2014, as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended) (“UK MAR”).
No other changes have been made to the Programme or the basis on which it will be conducted (in each case as announced on 17 November 2025).
Details of any Shares repurchased will be notified to a Regulatory Information Service by the Company following any repurchase as required by UK MAR and the UK Listing Rules of the Financial Conduct Authority.
The Company confirms that currently it has no unpublished inside information.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.