Ecora Resources PLC Announces Transaction in Own Shares
LONDON, May 22, 2024 - Ecora Resources PLC (LSE:ECOR)(TSX:ECOR) announces that on 22 May 2024, it purchased 300,000 ordinary shares of 2p each in the Company (the "Shares") on the London Stock Exchange through Peel Hunt LLP, in accordance with the terms of its share buyback programme announced on 27 March 2024 (the "Programme"). The shares acquired will be held in treasury.
| Date of purchase: | 22 May 2024 |
| Aggregate number of ordinary shares purchased: | 300,000 |
| Lowest price paid per share (pence per share): | 86.40 |
| Highest price paid per share (pence per share): | 87.50 |
| Volume weighted average price paid per share (pence per share): | 87.32 |
Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 12,475,656 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 249,256,897.
The above figure of 249,256,897 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 FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Peel Hunt LLP as part of the Programme.
| Name of Issuer | Identity code of the financial instrument | Date | Time | Price (pence) | Quantity bought | Exchange Venue |
| GB0006449366 | 22/05/2024 | 12:25:24 | 87.50 | 250,000 | LSE | |
| GB0006449366 | 22/05/2024 | 16:10:38 | 86.40 | 50,000 | LSE |
For further information
| +44 (0) 20 3435 7400 | |
| Jason Gray - Company Secretary | |
| Website: | www.ecora-resources.com |
| FTI Consulting Sara Powell / Ben Brewerton / Nick Hennis | +44(0) 20 3727 1000 ecoraresources@fticonsulting.com |
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SOURCE: Ecora Resources PLC
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