Power Probe PLCLSE: PWR

Power Probe: Transactions in Own Shares

· Issued by Power Probe PLC via RNS

Summary by 6ix AI

Power Probe PLC, which makes automotive electrical diagnostic tools, bought 72,000 of its ordinary shares of 0.1p each between October 21, 2026 and October 23, 2026 under the share buyback programme it announced on October 8, 2026.

Key details

  • Purchases: 12,000 shares on October 21, 2026 at 58.00 pence; 30,000 shares on October 22, 2026 at between 57.00 and 57.25 pence (volume weighted average 57.17 pence); 30,000 shares on October 23, 2026 at 55.00 pence.
  • All purchases were executed through the company's broker, Shore Capital Stockbrokers Limited, on the AIMX trading venue.
  • The bought-back shares will be held in treasury (shares the company owns itself) pending cancellation. The company holds 272,000 shares in treasury.
  • Following the purchases, issued share capital will consist of 73,702,404 ordinary shares. With the treasury shares held, total voting rights are 73,430,404, a figure shareholders may use to work out whether they must notify their holding under the Financial Conduct Authority's disclosure rules.

What’s still pending

  • Application will be made to cancel the treasury shares no later than upon completion of the buyback programme.

6ix AI wrote this summary from the release below and checked it against the release.

Power Probe PLC
26 October 2026
 

26 October 2026

Power Probe PLC

(“Power Probe” or the “Company”)

Transactions in own shares

Power Probe PLC (AIM: PWR) announces that it has purchased 72,000 ordinary shares of 0.1p each in the Company (“Ordinary Shares”) pursuant to the share buyback programme (the "Buyback Programme") announced on 8 October 2026, as follows (together the "Transactions"):                          

Date of purchase:

Number of Ordinary Shares purchased (aggregated volume):

Highest price paid per Ordinary Share (pence):

Lowest price paid per Ordinary Share (pence):

Volume weighted average price paid per share Ordinary Share (pence):

21 Oct 2026

12,000

58.00

58.00

58.00

22 Oct 2026

30,000

57.25

57.00

57.17

23 Oct 2026

30,000

55.00

55.00

55.00

Ordinary Shares purchased pursuant to the Buyback Programme will be held in treasury pending cancellation. Application will be made for the Ordinary Shares held in treasury to be cancelled no later than upon completion of the Buyback Programme.

Following the Transactions, the Company’s issued share capital will consist of 73,702,404 Ordinary Shares. The Company holds 272,000 Ordinary Shares in treasury. The total number of voting rights in the Company is therefore 73,430,404. This figure represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure Guidance and Transparency Rules of the FCA.

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme.   

CONTACT DETAILS

Power Probe

Chema Garcia, Chief Executive Officer

Fabio Medina, Chief Financial Officer

Tom Marsh, EMEA Regional Director

https://powerprobe.com/en/

c/o Sodali & Co

Shore Capital (Nominated Adviser & Broker)

Toby Gibbs / Harry Davies-Ball

+44 (0)20 7408 4090

Sodali & Co

James White / Tilly Abraham / James Whitaker

+44 (0)78 5543 2699

[email protected]

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it forms part of UK law, details of the purchase of its own ordinary shares by Power Probe, which were all executed through the Company's broker on behalf of the Company, Shore Capital Stockbrokers Limited ("Shore Capital"), are set out below:

Schedule of Purchases: 

Shares purchased:        

Power Probe PLC (ISIN: GB00BSDYS558)

Individual transactions:

Date of purchase

Number of Ordinary Shares purchased

Transaction price
(pence per share)

Time of transaction

Venue

21/10/2026

12,000

58.000

16:22

AIMX

22/10/2026

20,000

57.250

08:12

AIMX

22/10/2026

10,000

57.000

09:09

AIMX

23/10/2026

15,000

55.000

10:39

AIMX

23/10/2026

15,000

55.000

12:44

AIMX

About Power Probe

Power Probe is a leading producer of automotive electrical diagnostic tools for professional service technicians.

The Group was founded in 1992 in California, USA, and has grown to become an internationally renowned brand, designing and distributing over 140 products. It is driven by a relentless focus on product quality, continuous innovation and customer care, as captured in its mission statement: "Simplifying Automotive Diagnostics".

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