Science Group issues 2,500 treasury shares

Published 03/12/2024, 08:10
Science Group issues 2,500 treasury shares

LONDON - Science Group plc (AIM:SAG), a company specializing in science and technology consulting, has announced the issuance of 2,500 treasury shares on Monday at an average price of 1 pence per share. This move was made in settlement of the exercise of share options.

Following the issuance, the total number of ordinary shares in issue, excluding those held in treasury, stands at 44,846,865. Science Group now holds 1,339,009 shares in treasury. Shareholders can use the figure of 44,846,865 as the denominator for calculations to determine if they need to notify their interest in the company or any changes to it, as per the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

This issuance of treasury shares is a routine financial transaction for Science Group and is part of the company's management of its share capital. It is a common practice for companies to issue treasury shares to fulfill obligations such as employee share option plans.

The information provided in this article is based on a press release statement and is intended for general news purposes only. It is not investment advice or a recommendation to buy or sell any securities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.