Conygar Investment : 24 Oct 2016 - Repurchase of own shares

For immediate release 24 October 2016

The Conygar Investment Company PLC ('Conygar' the 'Company')

Repurchase of own shares

Conygar announces that, in accordance with the terms of the general authority to make market purchases of its own shares granted to it by shareholders of the Company on 29 July 2016, the Company acquired 2,250,000 ordinary shares of 5 pence each in the capital of the Company ('Shares') on 21 October 2016 at a price of 156 pence per Share. The acquired shares will be held in treasury. Liberum Capital Limited completed the acquisition on the Company's behalf pursuant to the share buy-back programme announced on 3 October 2016.

In conformity with Disclosure and Transparency Rule 5.6.1A, Conygar advises that, at the date of this announcement, the Company's issued share capital comprises 73,961,435 Shares (excluding 25,752,688 Shares held as treasury shares). Therefore, the Company's total number of Shares with voting rights is 73,961,435.

The above figure of 73,961,435 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 FCA's Disclosure and Transparency Rules.