Molten
Ventures plc
("Molten" or
the "Company")
Transaction in
own shares
Molten Ventures plc (LSE: GROW,
Euronext Growth: GRW) announces that on Friday, 26 July 2024 Numis
Securities Limited (trading as “Deutsche Numis”), purchased on
behalf of the Company ordinary shares of 1 pence each in the
capital of the Company ("Ordinary Shares") as set out in the table
below, pursuant to the share repurchase programme announced earlier
today.
Ordinary shares
purchased:
|
25,776
|
Highest price paid per ordinary
share:
|
367.00p
|
Lowest price paid per ordinary
share:
|
365.00p
|
Volume weighted average price paid
per ordinary share:
|
365.0453p
|
Following this purchase, the
Company's issued share capital consists of 189,046,450 Ordinary
Shares, the total number of Ordinary Shares in treasury is 25,776
and the total number of voting rights in the Company is
189,020,674.
The above figure 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 Financial
Conduct Authority's Disclosure Guidance and Transparency Rules, the
Transparency (Directive 2004/109/EC) Regulations 2007, as amended,
and the Central Bank (Investment Market Conduct) Rules
2019.
Aggregate
information
In accordance with Article 5(1)(b)
of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the
schedule below contains detailed information about the purchases
made by Deutsche Numis on behalf of the Company.
Issuer name and ISIN: Molten
Ventures plc, GB00BY7QYJ50
Date of purchases:
26/07/2024
Number of Ordinary Shares
purchased: 25,776
Volume weighted average price
(pence): 365.0453p
Individual
transactions
Number of
ordinary shares purchased
|
Transaction
price
(pence per
share)
|
Time of
transaction (UK Time)
|
Transaction
reference number
|
Trading
venue
|
25000
|
365.00
|
10:31:57
|
00070773686TRLO0
|
XLON
|
645
|
366.50
|
10:34:27
|
00070773812TRLO0
|
XLON
|
126
|
366.50
|
10:34:27
|
00070773813TRLO0
|
XLON
|
5
|
367.00
|
11:40:19
|
00070775567TRLO0
|
XLON
|
Enquiries
Molten Ventures
plc
Gareth Faith (Company
Secretary)
|
+44 (0)20 7931
8800
cosec@molten.vc
|
Deutsche
Numis
Joint Financial
Adviser and Corporate Broker
Simon Willis
Jamie Loughborough
Iqra Amin
|
+44 (0)20 7260
1000
|
Goodbody
Stockbrokers
Joint Financial
Adviser and Corporate Broker,
Euronext Dublin
Sponsor
Don Harrington
Dearbhla Gallagher
William
Hall
|
+44 (0) 20 3841
6202
|
Sodali &
Co
Public
relations
Elly Williamson
Christopher
Flame
|
+44 (0)7889 297
217
molten@sodali.com
|
About Molten
Ventures
Molten Ventures is a leading
venture capital firm in Europe, developing and investing in
disruptive, high growth technology companies. We inject visionary
companies with energy to help them to transform and grow. This
energy comes in many forms - capital, of course, but also
knowledge, experience, and relationships. We believe it is our role
to support the entrepreneurs who will invent the future, and that
future is being built, today, in Europe.
As at 31 March 2024, Molten
Ventures had a diverse portfolio with shareholdings in 118
companies, 20 of which represent our Core holdings and account for
62% of the Gross Portfolio Value. Our Core companies include
Thought Machine, Coachhub, Aiven, Ledger and Aircall. We invest
across four sectors: Enterprise Technology, Hardware and Deeptech,
Consumer Technology, and Digital Health and Wellness, with highly
experienced partners constantly looking for new opportunities in
each. We look for high-growth companies operating in new markets,
with high potential for global expansion, strong IP, powerful
technology, and strong management teams to deliver success. We also
look for businesses with the potential to generate strong margins
to ensure rapid, sustainable growth in substantial addressable
markets.
A member of the London Stock
Exchange’s FTSE 250, Molten Ventures provides a unique opportunity
for public market investors to access these fast-growing tech
businesses, without having to commit to long term investments with
limited liquidity. Since our IPO in June 2016, we have deployed
over £1bn capital into fast growing tech companies and have
realised over £520m to 31 March 2024. For more information, go to
https://www.moltenventures.com/
For more
information, go to https://www.moltenventures.com/