At the date of their previous announcement, they held 55.8m shares or 7.36% of the register. They sold about 23m shares so must still hold around 32m shares or 4.3% of the register.
Between 28/2/25 and 15/4/25 there was a total of 92m GBR traded in total. Of these 23m were traded by cumulus, translating to 25% of total trades or 1 in 4 of all trades during that period. The 23m shares were sold at an average price of about 7.5c each.
I hope they are not planning to buy them back cheaper in a CR.
At the date of their previous announcement, they held 55.8m...
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