Celebrus Technologies plc (AIM: CLBS), the AIM-listed data solutions provider operating in over 30 countries, has announced a share buyback programme of up to 3,000,000 ordinary shares, equivalent to approximately $2.0 million based on the mid-market closing price of 49.5 pence on 10 November 2026. The Board has instructed Cavendish to manage the programme independently on the company's behalf, with trading commencing on 11 November 2026 and running until no later than 11 February 2027. Investors will be watching the programme's potential effect on the company's share capital and the voting percentage held by its largest disclosed shareholder, Mission Trail Capital Management LLC.

Key Points

  • Celebrus Technologies plc (AIM: CLBS) — AIM-listed global data solutions provider
  • Board approves buyback of up to 3,000,000 ordinary shares of 2 pence each, valued at approximately $2.0 million at 49.5 pence per share
  • Programme runs from 11 November 2026 to no later than 11 February 2027; Cavendish appointed as broker to execute independently
  • Investors should monitor Mission Trail Capital Management LLC's potential voting rights increase and further buyback transaction notices

Celebrus Instructs Cavendish to Execute Broker-Managed Buyback Within Shareholder-Approved Authority

The buyback operates under the authority granted by shareholders on 13 August 2026, which caps the maximum price per share at 105 per cent of the average middle market closing price for the five business days preceding each purchase. Cavendish, acting as Celebrus's nominated adviser and joint broker, will take all trading decisions independently of the company. The announcement states that all shares acquired under the programme will be held in treasury to satisfy future obligations under employee or other share schemes, rather than being cancelled.

Limited AIM Liquidity Means Daily Buyback Volumes Could Exceed 25 Per Cent of Average Daily Trading

Celebrus has acknowledged a notable liquidity risk specific to its AIM listing. Because of limited liquidity in the company's ordinary shares, any single day's purchases under the buyback programme could represent a significant proportion of daily trading volume on AIM and may exceed 25 per cent of the average daily volume. As a consequence, the company states it will not benefit from the safe harbour exemption contained in Article 5(1) of Regulation (EU) No. 596/2014 as adopted into UK law, which is a relevant regulatory consideration for investors monitoring the programme's market impact.

Takeover Panel Confirms Mission Trail's Stake Rise to Maximum 32.60% Will Not Trigger Mandatory Offer Obligation

As at 30 September 2026, Mission Trail Capital Management LLC held 11,198,200 ordinary shares, representing approximately 29.98 per cent of voting shares in issue. If the buyback is completed in full and Mission Trail has made no further share dealings, its proportionate interest could rise to a maximum of approximately 32.60 per cent. The Takeover Panel has confirmed this increase will not trigger a mandatory general offer obligation under Rule 9.1 of the City Code, provided Mission Trail does not acquire any further interest following the date of this announcement.

Celebrus's Global Data and Fraud Prevention Platform Underpins the Capital Return Decision

Celebrus Technologies provides frictionless digital data capture, identity management, and fraud prevention solutions across all digital channels and devices, serving clients in over 30 countries. The company's platform is designed to ensure compliance by design and make digital data instantly usable, addressing both marketing effectiveness and fraud prevention for global brands. The board's decision to return capital through buybacks, rather than a dividend or other mechanism, reflects confidence in the company's financial position, though no forward-looking guidance was provided in this announcement.