TP ICAP Group plc (TCAP), the London-listed inter-dealer broker and financial markets infrastructure provider, has announced the purchase of 46,058 of its own ordinary shares across two trading days in early November 2026, with all shares to be held in treasury. The transactions were executed through Peel Hunt LLP acting as the company's broker on the London Stock Exchange. Following the purchases, TP ICAP's total voting rights figure now stands at 724,313,744 shares, a figure shareholders may use as a denominator under the Disclosure Guidance and Transparency Rules. The update forms part of the company's ongoing Share Buyback Programme conducted under UK market abuse regulation.

Key Points

  • TP ICAP Group plc (TCAP) is a London-listed inter-dealer broker operating in global financial markets infrastructure
  • The company purchased 46,058 ordinary shares of 25p each on 3 and 4 November 2026, to be held in treasury
  • Prices paid ranged from 318.00p on 3 November to 319.40p on 4 November 2026, with volume weighted average prices equal to those respective figures on each day
  • Investors should watch the total treasury share count and remaining voting rights as the buyback programme continues

TP ICAP Purchases 46,058 Shares Across Two Days at Prices Between 318.00p and 319.40p

The company completed two separate tranches of buyback activity during the period. On 3 November 2026, TP ICAP purchased 22,571 ordinary shares at a uniform price of 318.00p per share, with the highest, lowest, and volume weighted average price all recorded at that level. The following day, 4 November 2026, a further 23,487 shares were acquired at 319.40p per share, again with the highest, lowest, and volume weighted average price identical, indicating all trades were executed at a single price on each respective day through Peel Hunt LLP.

Treasury Share Position and Voting Rights Denominator After November Transactions

Following these purchases, TP ICAP's issued ordinary share capital totals 795,390,932 shares of 25p each. Of these, 71,077,188 shares are now held in treasury and therefore carry no voting rights. The remaining 724,313,744 shares represent the total voting rights in the company. The announcement states this figure may be used by shareholders as the denominator when calculating whether they are required to disclose interests or changes in interests under the Disclosure Guidance and Transparency Rules, as required under applicable UK regulatory obligations.

Peel Hunt Acts as Broker Under UK Market Abuse Regulation Article 5 Compliance

The buyback programme is being conducted 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. Individual trade-level data has been published via the London Stock Exchange's RNS platform, as required under this framework. Peel Hunt LLP, acting as joint broker with contacts Andrew Buchanan and Rob Parker, executed the transactions. Investor relations enquiries are directed to Derek Brown, Head of Investor Relations, at TP ICAP Group.