Business
Commencement of €200m Share Buyback Programme
Zegona Communications PLC has announced the immediate commencement of its €200 million share buyback program, a move intended to benefit shareholders by reducing share capital. This program, initially planned to start after the repayment of Vodafone financing, will be executed through on-market purchases up to the €200 million aggregate consideration limit. The buyback is authorized by existing shareholder approvals and is expected to conclude by March 31, 2026, or upon reaching the maximum purchase amount, with a maximum of 113,881,485 ordinary shares eligible for repurchase. Disclaimer*
About this update from Zegona Communications Plc
[{"type":"text","content":"\n\n\n\n\n\n12 December 2025 \n\n\n LEI: 213800ASI1VZL2ED4S65\n\n\n\n\n \nZegona Communications plc1\nCommencement of €200m Share Buyback Programme\nZegona today announces the immediate commencement of the €200m share buyback announced as part of the capital allocation proposal on 27 November 2025 (the \"Buyback Programme\").\nThe initial intention was to commence the Buyback Programme after the repayment of the Vodafone financing2 but Zegona now believes it is in the best interests of shareholders to commence the Buyback Programme with immediate effect.\nThe Buyback Programme will be carried out in accordance with the terms of the buyback agreement entered into with Canaccord Genuity Limited on 27 November 20254. This provides for on-market purchases, up to a total aggregate consideration of €200m (exclusive of expenses), to be carried out under the authorities granted at Zegona's 2025 AGM and any renewal of such authority which may be granted at the Company's 2026 AGM.\n \n\n\n\n\nInvestor enquiries:\n\n\nMedia enquiries:\n\n\n\n\n\n \n\n\n\n\nAlfonso Enríquez\n\n\nJaime De Andres\n\n\nTilly Abraham (Sodali & Co)\n\n\n\n\[email protected]\n\n\[email protected]\n\n\[email protected]\n\n\n\n\n \nAbout Zegona \nZegona is publicly listed on the Main Market of the LSE. It was established in 2015 with the...