M. P. Evans Group PLC (MPE), the London-listed palm oil producer operating in Indonesia, has announced the purchase and cancellation of 6,282 of its own ordinary shares of 10p each on the London Stock Exchange. The transaction, conducted on 3 November 2026 through broker Cavendish Capital Markets Limited, forms part of the company's ongoing Share Buyback Programme. Following the cancellation, M. P. Evans' total issued share capital stands at 52,042,263 shares, a figure that investors and shareholders should note as the current denominator for calculating notifiable interests under FCA Disclosure and Transparency Rules.

Key Points

  • M. P. Evans Group PLC (MPE), London Stock Exchange-listed palm oil producer
  • 6,282 shares purchased for cancellation on 3 November 2026 via Cavendish Capital Markets Limited as part of the Share Buyback Programme
  • Volume weighted average price of 1,797.36p per share; highest price paid was 1,824.00p and lowest was 1,772.00p
  • Investors should monitor further buyback announcements and any updates to total voting rights as the programme continues

Share Buyback Executed by Cavendish on AIMX Venue at 1,797.36p VWAP

All 6,282 shares were purchased exclusively on the AIMX trading venue, with a volume weighted average price of 1,797.36p per share, a highest price of 1,824.00p, and a lowest price of 1,772.00p. The transaction was carried out by Cavendish Capital Markets Limited, which acts as both the company's nominated adviser and joint broker alongside Canaccord Genuity Limited. The buyback is conducted in accordance with Article 5(1)(b) of the UK version of Regulation (EU) No. 596/2014, retained in UK law through the European Union (Withdrawal) Act 2018, requiring detailed public disclosure of individual trade information.

M. P. Evans' Issued Share Capital Falls to 52,042,263 Following Cancellation

Upon cancellation of the purchased shares, M. P. Evans' total number of shares in issue is now 52,042,263. The announcement confirms that all shares carry equal voting rights and that no shares are held in treasury. This total — 52,042,263 — therefore represents the company's entire voting rights figure and serves as the official denominator for shareholders calculating whether they are required to disclose a notifiable interest or a change in their interest under the FCA's Disclosure and Transparency Rules. Shareholders are advised to use this updated figure for their own regulatory assessments.

MPE's Palm Oil Operations Underpin the Strategic Rationale for Capital Return

M. P. Evans Group is a palm oil producer with estates and milling operations based in Indonesia, generating revenues from the production and sale of crude palm oil and palm kernel products. Share buyback programmes of this type are commonly employed by companies seeking to return surplus capital to shareholders, reduce the overall share count, and potentially enhance earnings per share over time. The company did not disclose specific financial metrics or forward guidance in this announcement. Investors may be watching for further buyback tranches or updated production and financial disclosures in forthcoming company updates.