PHSC Plc - Replacement RNS: Transaction in Own Shares and Completion of Buyback Programme
The following amendments have been made to the Transaction in Own shares and Completion of Buyback Programme announcement released on
The Number of Ordinary Shares purchased (the “Buyback Shares”) has been changed from 226,383 to 400,000, with the lowest price paid changed from of 26.5p to 26.4p. The date the
Ordinary Shares were sold by
All other details remain unchanged. The full amended text is shown below.
(“PHSC ” or the “Company”)
Transaction in Own Shares and Completion of Buyback Programme
PHSC (AIM: PHSC), a leading provider of health, safety, hygiene and environmental consultancy services and security solutions to the public and private sectors, announces that, on
Date of purchases:28 March 2024 Number of Ordinary Shares purchased (the “Buyback Shares”): 400,000 Highest price paid per Ordinary Share: 26.5p Lowest price paid per Ordinary Share: 26.4p Volume weighted average price: 26.5p
The Company has now effectively reached the authorised amount for the Buyback Programme and, accordingly, the Board has elected to conclude the Buyback Programme with immediate effect.
The Company will hold the Buyback Shares in treasury. Following the repurchase of the Buyback Shares set out above, the Company’s issued share capital consists of 10,280,853 Ordinary Shares (excluding treasury shares), and the Company will hold 753,384 Ordinary Shares in treasury with no voting rights attached. Therefore, the total voting rights in the Company will be 10,280,853. 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.
Directors’ Dealings and Concert Party’s Holding
As announced on
Accordingly, the
Pursuant to the Irrevocables, the Buyback Shares above therefore include Ordinary Shares acquired by the Company from
Resulting holding Resulting percentage Ordinary Shares of Ordinary Shares interest in the Shareholder(s) sold to the Company (including spouse’s Ordinary Shares on 28 March 2024 holding) (including spouse’s holding) Stephen King 88,355 2,215,902 21.55 Nicola Coote 85,262 2,196,419 21.36 Other Concert Party - 50,000 0.49 members Concert Party 4,462,321 43.40
The Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme.
For further information please contact :
Stephen King Tel: 01622 717 700
Strand
About PHSC
PHSC, through its trading subsidiaries,
PDMR Notification Forms :
The notifications below are made in accordance with the requirements of the EU’s Market Abuse Regulation:
Details of the person discharging managerial responsibilities/person 1. closely associatedName :Stephen King a) Reason for the notification 2. Position/status: Chairman and CEO a) Initial notification/Amendment: Initial notification b) Details of the issuer, emission allowance market participant, auction 3. platform, auctioneer or auction monitorName :PHSC plc a) LEI: 213800H1B3AR1XRE2674 b) Details of the transaction(s): section to be repeated for (i) each type 4. of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of Ordinary shares of 10p eachGB0033113456 instrument:Identification code: b) Nature of the transaction: Sale of ordinary shares to the Company pursuant to a Buyback Programme Price(s) Volume(s) c) Price(s) and volume(s): 26.4p 88,355 Aggregated information: d) n/a (single transaction) -- Aggregated volume: -- Price: Date of the transaction:28 March 2024 e) Place of the transaction: Outside a trading venue f)
Details of the person discharging managerial responsibilities/person 1. closely associated a)Name :Nicola Coote Reason for the notification 2. a) Position/status: Deputy Chairman and Deputy CEO b) Initial notification/Amendment: Initial notification Details of the issuer, emission allowance market participant, auction 3. platform, auctioneer or auction monitor a)Name :PHSC plc b) LEI: 213800H1B3AR1XRE2674 Details of the transaction(s): section to be repeated for (i) each type 4. of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Description of the financial a)b) instrument, type of Ordinary shares of 10p eachGB0033113456 instrument:Identification code: Nature of the transaction: Sale of ordinary shares to the Company pursuant to a Buyback Programme Price(s) Volume(s) c) Price(s) and volume(s): 26.4p 85,262 Aggregated information: d) n/a (single transaction) -- Aggregated volume: -- Price: e) Date of the transaction:28 March 2024 f) Place of the transaction: Outside a trading venue
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of