Artemis UK Future Leaders Plc (AFL) has announced a market purchase of 7,775 of its own Ordinary shares at a price of 399.912 pence per share, executed on 10 November 2026. The shares, which carry a nominal value of 20 pence each, will be held in treasury rather than cancelled, reducing the total number of Ordinary shares carrying voting rights. The transaction represents 0.02% of the company's current issued Ordinary share capital, and investors will need to use the updated voting rights figure as the denominator for regulatory disclosure calculations under FCA rules.

Key Points

  • Artemis UK Future Leaders Plc (AFL) — a UK-listed investment company managed by Artemis Investment Management
  • The company purchased 7,775 Ordinary shares at 399.912 pence each on 10 November 2026, to be held in treasury
  • Total issued share capital stands at 49,826,436 Ordinary shares, of which 21,198,012 are now held in treasury
  • Investors should note the updated total voting rights figure of 28,628,424 for FCA Disclosure Guidance and Transparency Rules calculations

Artemis UK Future Leaders Plc Executes 7,775-Share Buyback at 399.912 Pence on 10 November 2026

The board of Artemis UK Future Leaders Plc confirmed in its announcement that the market purchase of 7,775 Ordinary shares of 20 pence each was carried out on 10 November 2026. The purchase price was 399.912 pence per share. The bought-back shares will be held in treasury, meaning they remain part of the company's total issued share capital but do not carry voting rights. The transaction represented 0.02% of the current issued Ordinary share capital at the time of purchase, making it a relatively modest but formally disclosed market operation consistent with the company's buyback programme.

Treasury Share Holdings Rise to 21,198,012 Following Latest AFL Purchase

Following the transaction, Artemis UK Future Leaders Plc's total issued share capital comprises 49,826,436 Ordinary shares. Of these, 21,198,012 are now held in treasury, leaving 28,628,424 Ordinary shares with active voting rights. The proportion of shares held in treasury is therefore substantial relative to the total issued capital, a characteristic common among investment trusts and closed-ended funds pursuing active capital management strategies. The steady accumulation of treasury shares reflects the company's ongoing approach to managing its share structure in the interests of shareholders.

Updated Voting Rights Denominator Under FCA Transparency Rules Now 28,628,424

Artemis UK Future Leaders Plc's announcement draws specific attention to the total voting rights figure of 28,628,424, which shareholders must use as the denominator when calculating whether they are required to notify interests or changes in interests under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. This regulatory obligation applies to all investors whose holdings reach or cross certain thresholds. The company secretary, Northern Trust Secretarial Services (UK) Limited, issued the announcement on behalf of the board, fulfilling the company's disclosure obligations under applicable UK market rules.