Rotork plc
Share buyback programme - Tranche 4
13 March 2026
Consistent with our stated capital allocation policy, Rotork completed the first tranche of its £50m share buyback programme (the 'Programme') on 19 December 2025 and the second and third tranches on 6 March 2026. Our financial flexibility enables us to pursue strategic investments and we remain active in looking for suitable opportunities, consistent with our Growth+ strategy.
The fourth tranche of the Programme will be carried out through an irrevocable non-discretionary agreement with J.P. Morgan Securities plc ('JPM'), pursuant to which JPM shall purchase Ordinary Shares as riskless principal (and not as agent of Rotork) for the subsequent sale on to, and purchase by, Rotork. The fourth tranche of the Programme will run from 16 March 2026 and end no later than 10 April 2026. The aggregate purchase price of all Ordinary Shares acquired under the fourth tranche of the Programme will be no greater than £10 million (excluding stamp duty and expenses). Any purchases under the Programme will take place in accordance with (and subject to the limits prescribed by) the Company's general authority to repurchase Ordinary Shares granted at the Company's 2025 Annual General Meeting (the '2025 Authority') and any subsequent authority granted at the Company's next Annual General Meeting. The maximum number of Ordinary Shares that the Company remains authorised to purchase under the 2025 Authority is 62,354,995 Ordinary Shares. JPM will make its trading decisions in relation to the Ordinary Shares independently of, and uninfluenced by, the Company.
Any purchase of Ordinary Shares under the fourth tranche of the Programme will be carried out on the London Stock Exchange and CBOE Europe Limited, in accordance with pre-set parameters and in accordance with (and subject to limits prescribed by) the Company's general authority to repurchase Ordinary Shares granted by its shareholders at its 2025 Annual General Meeting, Chapter 9 of the UK Financial Conduct Authority's UK Listing Rules, Article 5(1) of Regulation (EU) No. 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018) and Commission Delegated Regulation (EU) 2016/1052 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018). Rotork will announce any market repurchases of Ordinary Shares by no later than the end of the 7th daily market session following the date of execution of such purchases, in accordance with UKLR 9.6.6.
Enquiries to:
Alex Toms, Investor Relations Director Tel: +44 (0) 1225 733 200
Stuart Pain, Group General Counsel & Company Secretary, Rotork Plc Tel: +44 (0) 1225 733 200
Nick Hasell/Edward Knight, FTI Consulting Tel: +44 (0) 20 3727 1340
Legal Entity Identifier: 213800AH5RZIHGWRJ718