Trinity Exploration & Production plc, the independent E&P company focused on Trinidad and Tobago , announces that it purchased 15,000 of its ordinary shares of USD 0.01 each ("Ordinary Shares"), at an average price of 86 pence per Ordinary Share, pursuant to instructions issued by Trinity as part of its share buyback programme, as announced on 24 October 2022.
Aggregated information on Ordinary Shares purchased according to trading value
To date, Trinity has purchased 697,000 Ordinary Shares in aggregate in connection with this share buyback programme. Trinity intends to hold the purchased Ordinary Shares in treasury.
Transaction details
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014, as it forms part of Retained EU Law as defined in the European Union (Withdrawal) Act 2018, a full breakdown of the individual purchases of Ordinary Shares made by Cenkos, on behalf of the Company as part of the share buy-back programme, is detailed below.
Company shareholding in treasury and Total Voting Rights
Following the above transaction, Trinity holds 1,369,000 of its Ordinary Shares in treasury and has 39,884,637 Ordinary Shares in issue (including treasury shares). Therefore, the total voting rights in the Company will be 38,515,637 . This figure for the total number of voting rights may be used by shareholders (and others with notification obligations) as the denominator for the calculation 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.
