CMC Markets Announces the Commencement of Share Buyback Programme

The leading global provider of online trading and institutional platform technology solutions CMC Markets has announced the commencement of share buyback programme.

Further to its announcement on 2 March 2022, CMC announces that it will launch its share buyback programme of up to £30 million with immediate effect.

According to the announcement, the Buyback Programme will commence immediately and will be completed no later than 30 June 2023, subject to continuing regulatory approval.

The maximum aggregate number of shares that will be repurchased is 29,071,747 ordinary shares. The purpose of the Buyback Programme is to reduce share capital.

The company has appointed RBC Europe Limited (RBC) to manage the Buyback Programme on its behalf. Any purchases made during closed periods, shall be made independently of and uninfluenced by the company.