Artemis UK Future Leaders Plc (AFL) has announced a market purchase of 9,101 ordinary shares of 20 pence each, completed on 12 November 2026 at a price of 401.267 pence per share. The shares, representing 0.02% of the company's current issued ordinary share capital, will be held in treasury rather than cancelled. The transaction reduces the total number of shares carrying voting rights to 28,619,323, a figure shareholders must now use as the denominator when calculating disclosure obligations under FCA Transparency Rules.

Key Points

  • Artemis UK Future Leaders Plc (AFL) — UK-listed investment trust
  • The company purchased 9,101 ordinary shares of 20 pence each at 401.267 pence per share on 12 November 2026
  • Purchased shares will be held in treasury; total issued share capital stands at 49,826,436 shares, of which 21,207,113 are in treasury
  • Investors should monitor further buyback activity and any changes to the treasury share position

Artemis UK Future Leaders Purchases 9,101 Shares at 401.267p in Market Transaction

The board of Artemis UK Future Leaders Plc confirmed on 13 November 2026 that it executed a market purchase of 9,101 ordinary shares on 12 November 2026. Each share carries a nominal value of 20 pence, and the purchase price was 401.267 pence per ordinary share. The announcement states that the acquired shares will be held in treasury, meaning they are retained by the company and do not carry voting rights. The purchased tranche represents 0.02% of the company's current issued ordinary share capital, indicating a measured, incremental approach to the buyback programme.

Treasury Share Position and Issued Share Capital Following the AFL Buyback

Following the transaction, Artemis UK Future Leaders Plc's total issued share capital comprises 49,826,436 ordinary shares. Of this total, 21,207,113 shares are now held in treasury, a substantial proportion of the overall issued capital. Because treasury shares carry no voting rights, the effective voting share count is materially lower than the gross issued figure. The company's ongoing use of treasury holdings rather than share cancellation is a common mechanism among investment trusts, preserving flexibility to reissue shares at a later date should market conditions and discount management strategy require it.

Total Voting Rights of 28,619,323 Shares Sets New FCA Disclosure Denominator

With 21,207,113 shares now in treasury, the total number of ordinary shares carrying voting rights in Artemis UK Future Leaders Plc stands at 28,619,323. The announcement explicitly directs shareholders to use this figure as the denominator when calculating whether they are required to notify the company of an interest, or a change to an interest, under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. Shareholders whose holdings are close to notification thresholds should review their positions against this updated figure promptly to ensure compliance with their regulatory obligations.