M.P. Evans Group PLC (MPE), the London-listed palm oil producer with operations in Indonesia, has announced the purchase and cancellation of 2,473 of its own ordinary shares on 12 November 2026, executed through broker Cavendish Capital Markets Limited. The shares were acquired on the London Stock Exchange at prices ranging from 1,754p to 1,800p each, with a volume weighted average price of 1,778.98p. Following the cancellation, the company's total shares in issue stand at 51,997,693, all carrying equal voting rights with none held in treasury. Investors tracking ownership thresholds under FCA Disclosure and Transparency Rules should use this updated figure as their denominator.

Key Points

  • M.P. Evans Group PLC (MPE), a palm oil producer listed on the London Stock Exchange
  • The company purchased and cancelled 2,473 ordinary shares of 10p each on 12 November 2026
  • Shares bought at a volume weighted average price of 1,778.98p, within a range of 1,754p to 1,800p; total shares in issue now 51,997,693
  • Investors should monitor further buyback announcements and any updates to total voting rights as the programme continues

M.P. Evans Cancels 2,473 Shares Under Active Share Buyback Programme

M.P. Evans Group PLC confirmed on 13 November 2026 that it purchased 2,473 of its 10p ordinary shares for cancellation on 12 November 2026, as part of its continuing share buyback programme. All trades were executed on the AIMX venue through Cavendish Capital Markets Limited, acting as the company's broker. The highest price paid per share was 1,800.00p and the lowest was 1,754.00p, resulting in a volume weighted average price of 1,778.98p. The disclosure was made in accordance with Article 5(1)(b) of the UK version of EU Market Abuse Regulation, now retained in UK law via the European Union (Withdrawal) Act 2018.

Total Voting Rights Fall to 51,997,693 Shares After Cancellation

Following the cancellation of the purchased shares, M.P. Evans confirms that 51,997,693 ordinary shares are now in issue. The announcement states that all shares carry equal voting rights and that no shares are held in treasury. Under FCA Disclosure and Transparency Rules, shareholders must use this figure — 51,997,693 — as the denominator when calculating whether they are required to notify a notifiable interest or a change to an existing interest in the company. This updated total is a standard but important disclosure for institutional and significant individual shareholders managing their reporting obligations.

Indonesian Palm Oil Operations Underpin M.P. Evans' Business Model

M.P. Evans Group is principally engaged in the cultivation of oil palms and the production of crude palm oil, with its plantation assets located in Indonesia. The company generates revenue through the sale of palm oil and related products from its Indonesian estates. As a commodities-focused agricultural business, M.P. Evans' financial performance is closely linked to global palm oil prices, exchange rate movements between sterling and the Indonesian rupiah, and regulatory developments affecting land use and sustainability standards in the region — factors that investors may wish to consider alongside corporate activity such as this buyback programme.