HICL Infrastructure PLC (HICL), the London-listed infrastructure investment company managed by InfraRed Capital Partners Limited, announced on 27 October 2026 that it purchased 300,000 of its own ordinary shares on 26 October 2026 through Investec Bank plc. The shares were acquired at a weighted average price of 133.58 pence each, as part of HICL's ongoing buyback programme. Following the transaction, the company now holds 176,340,988 ordinary shares in treasury, a figure investors may watch when assessing the programme's overall scale and potential impact on the share register.

Key Points

  • HICL Infrastructure PLC (HICL) — London Stock Exchange-listed infrastructure investment company
  • 300,000 ordinary shares of 0.01 pence each purchased on 26 October 2026 via Investec Bank plc on the London Stock Exchange (XLON)
  • Weighted average price 133.58p; highest price paid 133.60p; lowest price paid 133.40p
  • Investors should watch the total treasury share count and any further buyback announcements under the ongoing programme

HICL Executes Single Block Trade of 300,000 Shares on London Stock Exchange

According to the announcement, the entire purchase of 300,000 ordinary shares was executed in a single transaction at 16:42 GMT on 26 October 2026 on the London Stock Exchange (XLON), with no volume recorded across the Chi-X, BATS, or Turquoise venues. The transaction was conducted by Investec Bank plc on HICL's behalf in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014, commonly referred to as the Market Abuse Regulation, which governs the conduct of share buyback programmes by listed companies and sets out the conditions under which issuers may repurchase their own shares.

HICL Treasury Share Position Rises to 176,340,988 Shares Following Latest Purchase

Following the 26 October transaction, HICL holds 176,340,988 ordinary shares in treasury. The company states that it initially intends to hold the purchased shares as treasury shares rather than cancel them immediately. The total number of ordinary shares in issue, excluding treasury shares, stands at 1,855,147,073. This figure also represents the total number of voting rights in HICL and serves as the denominator shareholders must use when calculating whether they are required to disclose an interest or a change in interest under the FCA's Disclosure Guidance and Transparency Rules.

InfraRed Capital Partners-Managed Fund Continues Systematic Share Repurchase Programme

HICL is an investment company managed by InfraRed Capital Partners Limited, focused on infrastructure assets. The buyback programme reflects a systematic approach to capital management that is common among closed-ended investment companies trading at discounts to net asset value. The announcement does not disclose the total size, duration, or budget of the buyback programme, nor does it specify the strategic rationale for this particular purchase. Investors monitoring HICL's treasury share accumulation may use the updated denominator figure of 1,855,147,073 voting rights when assessing their own disclosure obligations under applicable FCA rules.