Molten Ventures Launches Extended Share Repurchase Programme

Molten Ventures Plc, a venture capital firm listed on the London Stock Exchange and Euronext Dublin, has initiated an expanded share repurchase programme. Starting today, March 13, 2025, the firm will buy back shares worth up to £15 million. This initiative doubles a prior £15 million repurchase effort, reflecting Molten's commitment to reducing the current share price discount compared to asset value.

The company's board will evaluate the situation regularly, possibly increasing investment if the share value discount persists. The programme is funded by existing cash and will conclude either when the maximum purchase is reached or upon the expiration of the general authority granted at the 2024 AGM.

Numis Securities Limited will oversee the repurchases, in accordance with the Market Abuse Regulation 596/2014/EU. Presently, Molten Ventures’ issued share capital comprises 189,046,450 ordinary shares, with 4,186,493 held in treasury.