M. P. Evans Group PLC (MPE), the London Stock Exchange-listed palm oil producer with operations in Indonesia, has announced the purchase and cancellation of 6,372 of its own ordinary shares of 10p each on 5 November 2026. The buyback was executed through Cavendish Capital Markets Limited, acting as the company's broker, as part of M. P. Evans' ongoing Share Buyback Programme. Following the cancellation, the company's total shares in issue stand at 52,029,566, a figure investors may use as a denominator when calculating notifiable interests under FCA Disclosure and Transparency Rules.

Key Points

  • M. P. Evans Group PLC (MPE) is listed on the London Stock Exchange and operates palm oil plantations in Indonesia
  • The company purchased and cancelled 6,372 ordinary shares of 10p each on 5 November 2026 via Cavendish Capital Markets Limited
  • Prices ranged from 1,704p to 1,780p per share, with a volume weighted average price of 1,749.34p; all trades were executed on AIMX
  • Investors should watch for further buyback announcements as the Share Buyback Programme continues

Share Buyback Executed at Volume Weighted Average Price of 1,749.34p Through Cavendish

M. P. Evans Group PLC completed the purchase of 6,372 of its own shares on 5 November 2026, with the highest price paid per share recorded at 1,780.00p and the lowest at 1,704.00p. The volume weighted average price across the transaction was 1,749.34p per share. All trades were carried out on the AIMX venue and were aggregated into a single reported block. The shares were purchased through Cavendish Capital Markets Limited, the company's nominated adviser and joint broker, which acted on M. P. Evans' behalf as part of the Share Buyback Programme currently in operation.

Total M. P. Evans Shares in Issue Falls to 52,029,566 Following Cancellation

Upon cancellation of the 6,372 purchased shares, the total number of M. P. Evans ordinary shares in issue is now 52,029,566. The company confirmed that no shares are held in treasury and that all shares in issue carry equal voting rights. Under the FCA's Disclosure and Transparency Rules, this figure of 52,029,566 represents the total voting rights in the company and must be used by shareholders as the denominator when determining whether they are required to notify changes in their interests in M. P. Evans under applicable regulatory thresholds.

Buyback Conducted Under UK Market Abuse Regulation Article 5 Safe Harbour Provisions

The transaction was disclosed in accordance with Article 5(1)(b) of the UK version of Regulation (EU) No. 596/2014, retained in UK law via the European Union (Withdrawal) Act 2018. This regulatory framework governs share buyback programmes and requires companies to publish detailed individual trade data, providing transparency for the market. M. P. Evans published granular trade information as required, with Cavendish Capital Markets Limited identified as the executing broker. Canaccord Genuity Limited acts as a joint broker alongside Cavendish, with Alma Strategic Communications providing financial public relations support to the company.