**Summary**
Young & Cos Brewery PLC has announced the launch of a share buyback programme, effective November 17, 2025, with a maximum budget of £10 million. The programme aims to reduce the companys share capital by purchasing and canceling its A ordinary and non-voting ordinary shares (12.5 pence each), primarily focusing on non-voting shares. The buyback will be executed by brokers Peel Hunt LLP and Stifel Nicolaus Europe Limited, operating as "riskless" principals, and will run until September 30, 2026, or earlier if the 2026 AGM occurs before that date.
The programme is authorized under the 2025 AGM resolution, allowing the purchase of up to 6,209,684 shares. Purchases will be made on the open market, adhering to UK Market Abuse Regulation (UK MAR) and AIM Rules. The maximum price per share will be 5% above the 5-day average middle market quotation or the higher of the last independent trade price and highest current independent bid. Youngs will disclose all share purchases by 7:30 a.m. the following business day and will make further regulatory announcements as required.