Rotork plc
Share buyback programme - Tranche 5
15 September 2025
Consistent with our stated capital allocation policy, Rotork completed the fourth tranche of our £50m share buyback programme (the "Programme") on 12 September 2025. Our financial flexibility enables us to pursue strategic investments and we remain active in looking for suitable opportunities, consistent with our Growth+ strategy.
The fifth tranche of the Programme will be carried out through an irrevocable non-discretionary agreement with J.P. Morgan Securities plc ('JPM'), pursuant to which JPM shall purchase Ordinary Shares as riskless principal (and not as agent of Rotork) for the subsequent sale on to, and purchase by, Rotork. The fifth tranche of the Programme will run from 15 September 2025 and end no later than 31 October 2025. The aggregate purchase price of all Ordinary Shares acquired under the fifth tranche of the Programme will be no greater than £10 million (excluding stamp duty and expenses). Any Ordinary Shares purchased by the Company will be cancelled. Any purchases under the Programme will take place in accordance with (and subject to the limits prescribed by) the Company's general authority to repurchase Ordinary Shares granted at the Company's Annual General Meeting on 2 May 2025 (the '2025 Authority'). The maximum number of Ordinary Shares that the Company remains authorised to purchase under the 2025 Authority is 73,849,153 Ordinary Shares. JPM will make its trading decisions in relation to the Ordinary Shares independently of, and uninfluenced by, the Company.
Any purchase of Ordinary Shares under the fifth tranche of the Programme will be carried out on the London Stock Exchange and CBOE Europe Limited, in accordance with pre-set parameters and in accordance with (and subject to limits prescribed by) the Company's general authority to repurchase Ordinary Shares granted by its shareholders at its 2025 Annual General Meeting, Chapter 9 of the UK Financial Conduct Authority's UK Listing Rules, Article 5(1) of Regulation (EU) No. 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018) and Commission Delegated Regulation (EU) 2016/1052 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018). Rotork will announce any market repurchases of Ordinary Shares no later than 7.30 a.m. on the business day following the calendar day on which the repurchase occurred.
Enquiries to:
Nick Hasell/Susanne Yule, FTI Consulting Tel: +44 (0) 20 3727 1340
Alex Toms, Investor Relations Director Tel: +44 (0) 1225 733 200
Stuart Pain, Group General Counsel & Company Secretary, Rotork Plc Tel: +44 (0) 1225 733 200
Legal Entity Identifier: 213800AH5RZIHGWRJ718
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