M. P. Evans Group PLC (MPE), the London-listed palm oil producer with operations in Indonesia, has announced the purchase and cancellation of 6,532 of its own ordinary shares on 9 November 2026 as part of its ongoing Share Buyback Programme. The shares were acquired through broker Cavendish Capital Markets Limited on the London Stock Exchange at prices ranging from 1,702p to 1,734p per share. Following the cancellation, the company's total shares in issue stand at 52,016,576. The move reduces the total share count available to the market and may be of interest to investors monitoring the company's capital return activity.

Key Points

  • M. P. Evans Group PLC (MPE) — London Stock Exchange-listed palm oil producer
  • 6,532 shares purchased for cancellation on 9 November 2026 via Cavendish Capital Markets Limited
  • Volume weighted average price of 1,722.95p per share; highest price paid was 1,734.00p and lowest 1,702.00p
  • Investors should watch for further buyback tranches and any updates to the total voting rights denominator

M. P. Evans Cancels 6,532 Shares Under Active Buyback Programme at 1,722.95p VWAP

The company announced on 10 November 2026 that it purchased 6,532 ordinary shares of 10p each on 9 November 2026, with all trades executed on the AIMX venue. The volume weighted average price paid was 1,722.95p per share, with the highest price reaching 1,734.00p and the lowest sitting at 1,702.00p. All purchases were carried out by Cavendish Capital Markets Limited, acting as the company's broker, in accordance with the Share Buyback Programme. All shares acquired have been designated for cancellation rather than retention in treasury.

Total Voting Rights Fall to 52,016,576 Following Latest Cancellation

As a direct result of the purchase and cancellation, M. P. Evans confirms that 52,016,576 ordinary shares remain in issue. The announcement states that all shares carry equal voting rights and that no shares are held in treasury. This figure of 52,016,576 serves as the denominator shareholders should use when calculating whether they are required to disclose a notifiable interest, or any change to such an interest, under the Financial Conduct Authority's Disclosure and Transparency Rules. The disclosure is made in compliance with Article 5(1)(b) of the UK version of Regulation (EU) No. 596/2014.

Cavendish Capital Markets Executes Trade as Nomad and Joint Broker for MPE

The buyback transaction was executed exclusively through Cavendish Capital Markets Limited, which serves as both nominated adviser and joint broker to M. P. Evans. The company also retains Canaccord Genuity Limited as a joint broker, alongside Alma Strategic Communications for financial public relations. The company's key contacts for investor enquiries are Chairman Peter Hadsley-Chaplin, Chief Executive Matthew Coulson, and Chief Financial Officer Luke Shaw. The structured use of a regulated broker to execute buyback trades reflects the company's adherence to the UK Market Abuse Regulation framework governing share repurchase programmes.