Allianz Technology Trust buys back 750,000 shares for treasury
Allianz Technology Trust says it purchases 750,000 of its own ordinary shares to hold in treasury as part of its capital management activity. The transaction leaves the company with 315,003,949 voting rights in issue, a figure shareholders may use for disclosure calculations under FCA rules.
Highlights
- Allianz Technology Trust repurchased 750,000 ordinary shares for treasury at 651.02 pence per share on the London Stock Exchange.
- Following the buyback, the company's issued ordinary share capital totals 428,756,680 shares, with 113,752,731 held in treasury.
- Total voting rights in Allianz Technology Trust are now 315,003,949, affecting FCA Disclosure Guidance and Transparency Rule calculations for shareholders.
Buyback terms and updated share count
As reported by London Stock Exchange, Allianz Technology Trust says it today buys 750,000 ordinary shares for treasury at 651.02 pence per share.After the purchase, the company says its issued ordinary share capital stands at 428,756,680 shares. It adds that 113,752,731 ordinary shares are now held in treasury and carry no voting rights.
Disclosure relevance for shareholders
The trust says the updated total number of voting rights in the company is 315,003,949. That figure serves as the denominator shareholders may use to determine whether they must notify an interest, or a change in an interest, under the FCA's Disclosure Guidance and Transparency Rules.In our earlier article on Equites Property Fund’s interim results, we covered how the REIT lifted its interim distribution after accelerating its exit from the UK and redeploying capital into South Africa. We also noted that proceeds from the Aviva portfolio sale helped reduce leverage, support liquidity and fund domestic logistics expansion while the group maintained its FY27 guidance.