FilingReader Intelligence

Bytes Technology Group buys back, cancels shares

October 2, 2025 at 09:01 PM UTCBy FilingReader AI

Bytes Technology Group plc (BTG) reported on October 2, 2025, the purchase of 98,775 of its ordinary shares of £0.01 each on October 1, 2025. The shares were bought on the London Stock Exchange through Numis Securities Limited ("Deutsche Numis") under the Share Buyback Programme, which was announced on August 15, 2025. The volume-weighted average price paid was £396.3693 per share, with the highest price at £398.60 and the lowest at £393.40.

BTG plans to cancel all the purchased shares. Following the settlement and cancellation, the company's total number of ordinary shares in issue, and consequently its total voting rights, will be 239,853,511. The company confirmed that it does not hold any shares in treasury. This transaction aligns with Article 5(1)(b) of Regulation (EU) No 596/2014, as incorporated into UK domestic law.

The announcement included a detailed schedule of individual transactions, listing the number of shares purchased, the transaction price in GBp per share, the time of transaction (UK Time), and the trading venue, XLON. For example, some of the initial transactions included 15 shares purchased at GBp393.40 at 08:37:24, 913 shares at GBp393.60 at 08:40:00, and 902 shares at GBp393.40 at 08:40:00.

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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