FilingReader Intelligence

Bytes Technology Group buys back shares, signaling confidence

August 28, 2025 at 09:02 PM UTCBy FilingReader AI

Bytes Technology Group plc (BTG) announced on August 28, 2025, that it purchased 100,000 of its ordinary shares of £0.01 each on the London Stock Exchange. The transaction was executed through Numis Securities Limited ("Deutsche Numis") as part of a share buyback program initiated on August 15, 2025. The volume-weighted average price paid per share was £401.1303, with the highest price recorded at £402.20 and the lowest at £398.60.

The purchased shares are intended for cancellation. Following settlement and cancellation, BTG's total number of ordinary shares in issue will reduce to 242,211,605. The company confirmed it holds no shares in treasury.

This buyback aligns with Article 5(1)(b) of Regulation (EU) No 596/2014, as incorporated into UK domestic law. Bytes Technology Group plc is primarily listed on the Main Market of the London Stock Exchange, with a secondary listing on the Johannesburg Stock Exchange.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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