Derwent London (ISIN: GB0002652740) announces that, in accordance with the terms of the £50 million share buyback programme (the ‘Buyback Programme’) announced on 12 May 2026, in the period 7 September 2026 to 8 September 2026, it purchased for cancellation 71,046 of its ordinary shares of 5 pence each (the ‘Ordinary Shares’) at an average price of 1,944 pence from Barclays Bank PLC (“Barclays”) as part of the second £25 million tranche. All shares were purchased subject to the rules of the London Stock Exchange.
This concludes the second tranche of the Buyback Programme, with 1,218,064 ordinary shares purchased through Barclays at an average price of 2,052 pence. The Group has now completed the £50 million Buyback Programme, purchasing a total of 2,551,531 ordinary shares for cancellation at an average price of 1,959 pence.
Following the above purchases and cancellation of the ordinary shares, the Group will have 109,748,146 ordinary shares in issue. The Group does not hold any shares in Treasury. The total number of voting rights in the Company will therefore be 109,748,146. This information may be used by shareholders to determine whether they are required to notify their interest, or a change in interest, in the Group under the FCA’s Disclosure Guidance and Transparency Rules.