M. P. Evans Group PLC (MPE), the London-listed palm oil producer with operations in Indonesia, has announced the purchase and cancellation of 6,458 of its own ordinary shares of 10p each on the London Stock Exchange. The transaction was executed on 6 November 2026 through broker Cavendish Capital Markets Limited as part of the company's ongoing Share Buyback Programme. Following the cancellation, M. P. Evans has 52,023,108 shares in issue, a figure that also represents the total voting rights in the company and serves as the denominator for shareholder disclosure calculations under FCA rules.

Key Points

  • M. P. Evans Group PLC (MPE) — London Stock Exchange-listed palm oil producer
  • The company purchased and cancelled 6,458 ordinary shares of 10p each on 6 November 2026
  • Shares were bought at prices ranging from 1,687p to 1,716p, with a volume weighted average price of 1,703.49p
  • Investors should watch for further buyback announcements as the Share Buyback Programme continues

MPE Cancels 6,458 Shares at Volume Weighted Average Price of 1,703.49p on 6 November 2026

M. P. Evans Group executed the purchase through Cavendish Capital Markets Limited, acting as the company's broker on the AIMX venue. The highest price paid per share was 1,716.00p and the lowest was 1,687.00p, resulting in a volume weighted average price of 1,703.49p across the 6,458 shares acquired. All shares purchased have been cancelled rather than held in treasury, reducing the total number of shares in issue. The transaction forms part of the company's continuing Share Buyback Programme, which is conducted in accordance with applicable UK market abuse regulation.

M. P. Evans Total Shares in Issue Falls to 52,023,108 Following Cancellation

Following completion of this latest buyback and cancellation, M. P. Evans confirms that it now has 52,023,108 ordinary shares in issue. The announcement states that all shares carry equal voting rights and that no shares are held in treasury. This figure of 52,023,108 represents the total voting rights in the company and is disclosed specifically so that shareholders can use it as the denominator when calculating whether they are required to notify a relevant interest or a change in interest under the FCA's Disclosure and Transparency Rules.

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

The disclosure was made 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 safe harbour conditions and requires companies to publish detailed information on individual trades carried out as part of a buyback programme. The company's advisers include Cavendish Capital Markets as nominated adviser and joint broker, Canaccord Genuity Limited as joint broker, and Alma Strategic Communications as financial PR adviser.