McBride plc

Second tranche of share buyback programme

McBride plc (the "Company"), the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning/hygiene markets, today announces the commencement of the second tranche of its share buyback programme to purchase ordinary shares of 10 pence each in the Company ("Ordinary Shares"), as launched on 1 December 2025 (the "Programme").  

Purchases under the first tranche of the Programme commenced on 1 December 2025 and continued until 30 April 2026. Under the first tranche, between 1 December 2025 and 30 April 2026, the Company repurchased 3,236,565 Ordinary Shares for an aggregate consideration of approximately £4.5 million.

The Company announces that the second tranche of the Programme of up to £15.5 million (being the balance of the £20 million maximum amount of the Programme less the aggregate consideration paid under the first tranche of the Programme) will commence today (the "Second Tranche"). The Second Tranche is structured in two phases.  In respect of the first phase, the Company has entered into a non-discretionary agreement with Investec Bank plc ("Investec") to act as riskless principal in relation to the purchase of Ordinary Shares, and the subsequent sale of such Ordinary Shares to the Company. The second phase will be undertaken by Peel Hunt LLP ("Peel Hunt", together with Investec, the "Brokers"). The Company has entered into a non-discretionary agreement with Peel Hunt to act as riskless principal in relation to the purchase of Ordinary Shares, and the subsequent sale of such Ordinary Shares to the Company.

Purchases of Ordinary Shares under the Second Tranche are expected to commence on 1 May 2026 and to be completed by no later than 30 September 2026.  The Company intends to announce any purchases under the Programme on a weekly basis from the commencement of the Second Tranche of the Programme.

The Brokers will each make trading decisions in relation to the Programme independently of the Company.  Any purchase of Ordinary Shares by the Brokers contemplated by this announcement will be carried out on the London Stock Exchange.  Any purchases of Ordinary Shares by the Company under the Programme will be carried out on the London Stock Exchange.

The purpose of the Programme is to reduce the share capital of the Company by returning surplus capital to shareholders. Ordinary Shares purchased under the Second Tranche will be cancelled. These arrangements are in accordance with the Company's general authority to repurchase up to 17,401,528 Ordinary Shares granted at its 2025 Annual General Meeting. The Second Tranche will also be conducted within certain pre-set parameters, in accordance with Chapter 9 of the Listing Rules and within the parameters prescribed by the Market Abuse Regulation 596/2014/EU and the Commission Delegated Regulation (EU) 2016/1052 (both as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018).

From time to time, the Board will assess the progress of this Programme in light of the financial situation of the Company and its capital allocation needs.

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