Britvic plc Share Repurchase Programme

Britvic plc 

Legal Entity Identifier: 635400L3NVMYD4BVCI53

 

30 May 2023

 

SHARE REPURCHASE PROGRAMME

 

Britvic plc (“”) today announces that it will commence a share repurchase programme of Britvic’s ordinary shares of 20p each (the “Ordinary Shares”) up to a maximum consideration of £75,000,000 (the “Programme”).

 

Britvic announces that it has entered into an instruction to Morgan Stanley Co. International Plc (“Morgan Stanley”) in relation to the purchase by Morgan Stanley, acting as riskless principal during the period commencing on 5 June 2023 and ending no later than 30 April 2024, of ordinary shares in the share capital of Britvic (the “Shares”) for an aggregate purchase price of no greater than £75,000,000 and the on-sale of such Shares by Morgan Stanley to Britvic. The maximum number of Shares that can be purchased under the Programme is 26,081,857.

 

To the extent permitted by law, Ordinary Shares purchased under the Programme will be cancelled.

 

Media Enquiries:

Please contact:

Investors:

 

Steve Nightingale (Director of Investor Relations)

+44 (0) 7808 097 784

Media:

 

Stephanie Macduff-Duncan (Head of Corporate Communications)

+44 (0) 7808 097 680

Stephen Malthouse (Headland)

+44 (0) 7734 956 201

 

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.