Funding Circle Plc Completes Share Buyback on LSE

Funding Circle Holdings plc has executed a significant share buyback, acquiring 140,633 ordinary shares on the London Stock Exchange. The transaction forms part of a buyback initiative disclosed in October 2024, involving Investec Bank plc as the purchase entity.

The highest price paid per share was 110.00 pence, with a lowest of 106.00 pence, resulting in a volume-weighted average price of 108.8311 pence per share. The company's intent to cancel all acquired shares will adjust the issued share capital to 323,516,512 ordinary shares.

This change impacts the denominator used by shareholders for interest notification calculations as per FCA's rules. The buyback aligns with Article 5(1)(b) of Regulation (EU) No 596/2014.