24.09.2024 08:00:20

Transaction in own shares and completion of share repurchase programme

Molten Ventures Plc (GROW; GRW)
Transaction in own shares and completion of share repurchase programme

24-Sep-2024 / 07:00 GMT/BST


Molten Ventures plc
("Molten" or the "Company")

 

Transaction in own shares and completion of share repurchase programme

Molten Ventures plc (LSE: GROW, Euronext Growth: GRW) announces that on 23 September 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 below, pursuant to the £10m share repurchase programme (the “Programme”) announced on 26 July 2024.

Following this transaction, the Company confirms the completion of the Programme, whereby the Company has acquired a total of 2,574,540 ordinary shares which are held in treasury and represent approximately 1.4% of the Company’s issued share capital.

 

Ordinary shares purchased:

 

82,211

Highest price paid per ordinary share:

 

415.00p

Lowest price paid per ordinary share:

 

408.50p

Volume weighted average price paid per ordinary share:

 

413.1814p

 

The total number of voting rights in the Company is 186,471,910 and this 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, ISIN: GB00BY7QYJ50

Date of purchases: 23/09/2024

Number of Ordinary Shares purchased: 82,211

Volume weighted average price (pence): 413.1814

 

Individual transactions

Number of ordinary shares purchased

Transaction price

(pence per share)

Time of transaction (UK Time)

Transaction reference number

Trading venue

2471

411.50

 08:47:30

00071483526TRLO0

XLON

1302

411.50

 09:01:23

00071483890TRLO0

XLON

323

411.50

 09:01:23

00071483889TRLO0

XLON

893

411.50

 09:01:23

00071483888TRLO0

XLON

1083

411.50

 09:01:23

00071483887TRLO0

XLON

667

411.50

 09:09:16

00071483984TRLO0

XLON

495

411.50

 09:09:16

00071483983TRLO0

XLON

1155

411.50

 09:09:16

00071483982TRLO0

XLON

653

411.00

 09:13:39

00071484034TRLO0

XLON

417

411.00

 09:13:39

00071484033TRLO0

XLON

1418

412.00

 09:31:43

00071484335TRLO0

XLON

239

411.00

 09:32:18

00071484351TRLO0

XLON

900

411.00

 09:32:18

00071484350TRLO0

XLON

54

411.00

 09:32:18

00071484349TRLO0

XLON

1035

408.50

 09:41:19

00071484619TRLO0

XLON

1062

410.50

 10:00:51

00071484920TRLO0

XLON

514

410.50

 10:00:51

00071484921TRLO0

XLON

289

410.00

 10:03:35

00071484969TRLO0

XLON

1010

410.00

 10:03:35

00071484968TRLO0

XLON

226

410.00

 10:04:55

00071484982TRLO0

XLON

891

410.00

 10:04:55

00071484983TRLO0

XLON

1069

410.00

 10:13:45

00071485149TRLO0

XLON

1063

411.00

 10:15:31

00071485183TRLO0

XLON

804

410.00

 10:15:38

00071485185TRLO0

XLON

1156

410.00

 10:17:57

00071485219TRLO0

XLON

257

410.00

 10:17:57

00071485218TRLO0

XLON

151

411.50

 11:06:25

00071486021TRLO0

XLON

897

411.50

 11:06:25

00071486020TRLO0

XLON

1035

411.50

 11:06:25

00071486019TRLO0

XLON

950

411.50

 11:06:25

00071486022TRLO0

XLON

25000

413.50

 11:14:10

00071486116TRLO0

XLON

888

413.00

 11:14:21

00071486118TRLO0

XLON

248

413.00

 11:14:21

00071486117TRLO0

XLON

34

413.00

 11:20:44

00071486183TRLO0

XLON

628

415.00

 12:36:02

00071487015TRLO0

XLON

613

415.00

 12:36:02

00071487014TRLO0

XLON

308

415.00

 15:03:08

00071489891TRLO0

XLON

1123

415.00

 15:03:08

00071489890TRLO0

XLON

1175

415.00

 15:03:08

00071489900TRLO0

XLON

49

415.00

 15:03:08

00071489899TRLO0

XLON

549

415.00

 15:03:08

00071489898TRLO0

XLON

509

415.00

 15:03:08

00071489897TRLO0

XLON

1058

415.00

 15:03:08

00071489896TRLO0

XLON

141

415.00

 15:03:08

00071489895TRLO0

XLON

1071

415.00

 15:03:08

00071489894TRLO0

XLON

908

415.00

 15:03:08

00071489893TRLO0

XLON

743

415.00

 15:03:08

00071489892TRLO0

XLON

446

415.00

 15:38:21

00071490938TRLO0

XLON

1279

415.00

 15:38:21

00071490936TRLO0

XLON

1107

415.00

 15:38:21

00071490935TRLO0

XLON

1109

415.00

 15:38:21

00071490934TRLO0

XLON

1239

415.00

 15:38:21

00071490933TRLO0

XLON

1257

415.00

 15:38:21

00071490932TRLO0

XLON

1229

415.00

 15:38:21

00071490931TRLO0

XLON

1071

415.00

 15:38:21

00071490930TRLO0

XLON

1085

415.00

 15:38:21

00071490929TRLO0

XLON

1481

415.00

 15:38:21

00071490928TRLO0

XLON

1139

415.00

 15:38:21

00071490927TRLO0

XLON

828

415.00

 15:38:21

00071490940TRLO0

XLON

1250

415.00

 15:38:21

00071490939TRLO0

XLON

1213

415.00

 15:38:21

00071490937TRLO0

XLON

1176

414.50

 15:38:25

00071490941TRLO0

XLON

1234

414.00

 15:38:25

00071490942TRLO0

XLON

1190

413.00

 15:51:33

00071491195TRLO0

XLON

904

413.00

 15:51:33

00071491194TRLO0

XLON

239

413.00

 15:51:33

00071491193TRLO0

XLON

2211

413.50

 15:54:31

00071491242TRLO0

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/

 



Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


ISIN: GB00BY7QYJ50
Category Code: POS
TIDM: GROW; GRW
LEI Code: 213800IPCR3SAYJWSW10
OAM Categories: 2.4. Acquisition or disposal of the issuer's own shares
Sequence No.: 348553
EQS News ID: 1993787

 
End of Announcement EQS News Service

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