Bytes Technology Group buys back shares for cancellation

Bytes Technology Group plc announced that on October 3, 2025, it purchased 89,711 of its ordinary shares of £0.01 each on the London Stock Exchange. The transaction was conducted through Numis Securities Limited as part of the Buyback Programme, which was initially announced on August 15, 2025. The shares were acquired at a volume-weighted average price of £398.4481 per share, with the highest price paid at £400.00 and the lowest at £395.40.

The company intends to cancel all the purchased shares. Following settlement and cancellation, the total number of ordinary shares in issue, and thus the total voting rights, will be reduced to 239,680,186 ordinary shares. Bytes Technology Group plc confirmed it does not hold any shares in treasury. This move is designed to reduce the overall share count, which can lead to an increase in earnings per share for remaining shareholders.

The announcement also detailed individual transactions, adhering to Article 5(1)(b) of Regulation (EU) No 596/2014. These purchases included various quantities of shares, such as 860 shares at £398.40, 238 shares at £399.20, and 545 shares at £399.20, all executed on the XLON trading venue at different times throughout the morning. The transactions underscore the company's active management of its capital structure.