TIDMDFS

RNS Number : 9308N

DFS Furniture PLC

04 October 2021

4 October 2021

DFS FURNITURE PLC

INTENDED PURCHASE OF SHARES BY EMPLOYEE BENEFIT TRUST

DFS Furniture PLC today announces that the trustee Ocorian Limited (the "Trustee") of the DFS Furniture plc Equity Plan Employee Trust (the "Trust"), has today indicated its intention to make market purchases of ordinary shares of the Company for the benefit of the Trust of up to 3,000,000 ordinary shares of 10p each, to help meet future obligations arising under the Company's share schemes. Purchases are subject to the Trustee's absolute discretion as to the purchase price to be paid (the "Market Purchases"). It is expected that the Market Purchases will be funded by amounts advanced by the Company.

The Trustee will make its trading decisions in relation to the Market Purchases independently of, and uninfluenced by, the Company

A further announcement will be made on completion of the share purchase.

For further information, please contact:

Enquiries:

 
 DFS: (enquiries via Tulchan)                      TULCHAN 
 Liz McDonald (Group Company                       James Macey-White 
  Secretary) 
                                                   Jessica Reid 
 Phil Hutchinson (Investor Relations)               Amber Ahluwalia 
 
 investor.relations@dfs.co.uk                      dfs@tulchangroup.com

About DFS Furniture plc

The Group is the clear market-leading retailer of living room furniture in the United Kingdom. Our Group purpose is to bring great design and comfort into every living room, in an affordable, responsible and sustainable manner. We operate an integrated physical and digital retail network of living room furniture showrooms and web sites in the United Kingdom, Republic of Ireland, Netherlands and Spain, trading through our leading brands, DFS, Sofology and Dwell. We attract customers through our targeted and national marketing activities and our reputation for high quality products and service, breadth of product offer and favourable consumer financing options. We fulfil orders for our exclusive product ranges through our own three UK finished goods factories, and through manufacturing partners located in the UK, Europe and Far East, and delivered with care through our expert final-mile delivery service "The Sofa Delivery Company".

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCUSUARASURRAA

(END) Dow Jones Newswires

October 04, 2021 07:27 ET (11:27 GMT)

Dfs Furniture (LSE:DFS)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Dfs Furniture.
Dfs Furniture (LSE:DFS)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Dfs Furniture.