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 8,205 of its own ordinary shares on 10 November 2026 as part of its ongoing Share Buyback Programme. The shares were acquired through broker Cavendish Capital Markets Limited at prices ranging from 1,702p to 1,747p per share. Following the cancellation, the company's total shares in issue stand at 52,008,371, which also represents the total voting rights figure shareholders should use for regulatory disclosure calculations.

Key Points

  • M. P. Evans Group PLC (MPE) — London Stock Exchange-listed palm oil producer
  • 8,205 shares purchased and cancelled on 10 November 2026 via Cavendish Capital Markets Limited under the Share Buyback Programme
  • Volume weighted average price of 1,726.38p per share; price range 1,702p–1,747p; all trades executed on AIMX venue
  • Investors should watch for further buyback tranches and any updates to the total shares in issue figure

MPE Cancels 8,205 Shares Under Ongoing Buyback Programme on 10 November 2026

M. P. Evans Group PLC confirmed it purchased 8,205 of its own 10p ordinary shares for cancellation on 10 November 2026, with all trades executed on the AIMX venue through Cavendish Capital Markets Limited, the company's nominated adviser and joint broker. The highest price paid per share was 1,747.00p and the lowest was 1,702.00p, producing a volume weighted average price of 1,726.38p. The buyback forms part of a structured Share Buyback Programme the company has been conducting in compliance with UK market abuse regulations, specifically Article 5(1)(b) of the UK version of Regulation (EU) No. 596/2014.

Total Shares in Issue Falls to 52,008,371 Following Cancellation

As a direct result of the purchase and cancellation, M. P. Evans Group's total shares in issue now stand at 52,008,371. The company confirmed that all shares carry equal voting rights and that no shares are held in treasury, meaning the figure of 52,008,371 also represents the company's total voting rights. Under the Financial Conduct Authority's Disclosure and Transparency Rules, this denominator figure is the reference shareholders must use when calculating whether they are required to notify the company of a notifiable interest or a change in an existing interest.

Cavendish Capital Markets and Canaccord Genuity Act as Joint Brokers to MPE

M. P. Evans Group operates with a dual-broker structure, with Cavendish Capital Markets Limited serving as both Nominated Adviser and joint broker alongside Canaccord Genuity Limited. Cavendish's corporate finance team is led by Matt Goode and George Lawson, while equity capital markets is handled by Will Smith and Harriet Ward. Canaccord Genuity is represented by Henry Fitzgerald-O'Connor and George Grainger. The company's executive team includes chairman Peter Hadsley-Chaplin, chief executive Matthew Coulson, and chief financial officer Luke Shaw, with Alma Strategic Communications handling financial public relations.