Wentworth Announces Transaction in Own Shares

Source: www.gulfoilandgas.com 5/10/2022, Location: Africa

Wentworth Resources plc, the independent, Tanzania -focused natural gas production company, announces that, in accordance with the terms of its share buyback programme announced on 17 December 2021 , it has purchased the following number of ordinary shares of no par value each in the capital of the Company through Stifel Nicolaus Europe Limited .

Date of purchase: 9 May 2022
Aggregate number of ordinary shares purchased: 17,304
Lowest price paid per share: 21.50
Highest price paid per share: 21.50
Volume weighted average price paid per share: 21.50

Following the share buyback the Company will have 177,182,567 ordinary shares (excluding treasury shares) of no par value each in issue. This purchase brings the total number of ordinary shares held in treasury to 3,597,910 of which 597,910 of these shares held are pending cancellation.

The figure of 177,182,567 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 Stifel as part of the buyback programme.


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