Molten Ventures Initiates £5M Share Repurchase Programme

Molten Ventures Plc has announced the commencement of its £5 million share repurchase programme following its exit from Freetrade. The programme will continue until the earlier of either the expiration of Molten's 2024 AGM general authority or reaching the maximum purchase amount.

The repurchased ordinary shares will be held in treasury. Molten has partnered with Numis Securities Limited to handle on-market purchases. These will be carried out under the Market Abuse Regulation 596/2014/EU framework.

As of September 2024, Molten's share capital includes 189,046,450 issued ordinary shares, with 2,574,540 in treasury. The share buybacks will be publicly announced on the subsequent business day.