M. P. Evans Group PLC (MPE), the London Stock Exchange-listed palm oil producer operating across Indonesia, has announced the purchase and cancellation of 6,325 of its own shares on 4 November 2026 as part of its ongoing Share Buyback Programme. The shares were acquired through broker Cavendish Capital Markets Limited at prices ranging from 1,766p to 1,810p per share, with a volume weighted average price of 1,786.22p. Following the cancellation, the company's total shares in issue stand at 52,035,938, a figure that also represents the total voting rights in the company. Investors tracking shareholding thresholds under FCA Disclosure and Transparency Rules should note this updated denominator.

Key Points

  • M. P. Evans Group PLC (MPE) — London Stock Exchange-listed palm oil producer
  • The company purchased and cancelled 6,325 ordinary 10p shares on 4 November 2026 via its Share Buyback Programme
  • Shares bought at a volume weighted average price of 1,786.22p, with a high of 1,810p and a low of 1,766p per share
  • Investors should monitor further buyback tranches and any changes to total shares in issue as the programme continues

MPE's Share Buyback Executed via Cavendish on AIMX Venue at 1,786.22p Average

All 6,325 shares were purchased through Cavendish Capital Markets Limited, which acts as both nominated adviser and joint broker to M. P. Evans, with the trades executed on the AIMX venue. The volume weighted average price across the aggregated trades was 1,786.22p per share, while the highest price paid reached 1,810.00p and the lowest 1,766.00p. The buyback was conducted in compliance 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, which requires companies to disclose individual trade details when repurchasing shares under a formal programme.

M. P. Evans Total Shares in Issue Fall to 52,035,938 Following Cancellation

Upon cancellation of the repurchased shares, M. P. Evans confirms that 52,035,938 ordinary shares remain in issue. The announcement states that all shares carry equal voting rights and that no shares are currently held in treasury. This total of 52,035,938 also constitutes the company's total voting rights figure. Under FCA Disclosure and Transparency Rules, shareholders are required to use this denominator when calculating whether they must notify the company of a notifiable interest or a change to an existing interest in M. P. Evans.

Buyback Programme Reflects Capital Allocation Strategy at MPE

M. P. Evans operates as a palm oil producer with estates and milling operations centred in Indonesia, generating revenues from the cultivation and processing of crude palm oil. Share buyback programmes of this type are typically used by companies to return surplus capital to shareholders and can reduce the total share count over time, potentially affecting per-share financial metrics. The company's leadership team, including chairman Peter Hadsley-Chaplin, chief executive Matthew Coulson, and chief financial officer Luke Shaw, oversees capital allocation decisions. Investors may be watching for further buyback disclosures as the programme progresses.