Investec Bank Executes Significant Share Trading in NCC Group

GlobeNewswire Inc.GlobeNewswire Inc.
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Key Takeaway

Investec Bank purchased net 97,000 NCC Group shares at 140.2p per unit on February 13, 2026, disclosed under Takeover Code regulations for routine broker operations.

Investec Bank Executes Significant Share Trading in NCC Group

Investec Bank plc, operating as joint broker to NCC Group plc, disclosed substantial equity transactions in the company's ordinary shares on February 13, 2026. The bank purchased 885,265 shares while simultaneously selling 788,265 shares, both at 140.2131 pence per unit, resulting in a net purchase position of approximately 97,000 shares.

The trading activity was disclosed on February 16, 2026, in accordance with Rule 8.5 of the Takeover Code, which requires regulated financial institutions acting as brokers to publicly report dealings in securities of companies subject to the Code's jurisdiction. Such disclosures provide market transparency regarding broker activity and potential acquisitions or corporate actions involving publicly listed companies.

The transactions reflect routine broker operations during the period, with the net buy position suggesting balanced market-making activity. This disclosure is part of standard regulatory requirements designed to ensure proper market conduct and inform shareholders of significant broker positions in their securities.

Source: GlobeNewswire Inc.

Back to newsPublished Feb 16

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