In a strategic move, Capital Gearing Trust purchases 28,255 of its own shares, enhancing stakeholder value and market position.

Capital Gearing Trust P.l.c., a market-leading entity, has gone down the road less travelled by purchasing a whopping 28,255 of its own ordinary shares. This decision is neither unplanned nor hazardous; it indicates adroit financial strategies and stands as a testament to the Company’s solid financial standing. The shares were procured at an average price of 4772.86 pence per share, to be treasured in the Treasury.

This transaction reinforces the Company’s share capital composition, which now includes 17,890,605 issued ordinary shares (excluding Treasury shares), 8,689,658 ordinary shares held in the Treasury, and an overall count of 26,580,263 issued ordinary shares (inclusive of Treasury shares). The figure 17,890,605 represents the totality of voting rights in the Company following the transaction and serves as a guideline for shareholders when determining whether they need to disclose their interest or any changes to it under the FCA’s Disclosure Guidance and Transparency Rules.