TIDMFRAS

RNS Number : 5415R

Frasers Group PLC

05 November 2021

Date: 5 November 2021

FRASERS GROUP PLC ("Frasers Group " or "the Company")

SHARE BUYBACK PROGRAMME

The Company announces that it has instructed Liberum Capital Limited in relation to an irrevocable, non-discretionary share buyback programme to purchase the Company's shares during the forthcoming closed period, which commences on 8 November 2021 and will end on the day the Company reports its half year results (the "Closed Period Programme").

As previously announced, the aggregate purchase price of all shares acquired from 4(th) October 2021 to the day the Company reports its half year results will be no greater than GBP70,000,000. The maximum number of shares that may be purchased between 4(th) October 2021 to the day the Company reports its half year results will be 10,000,000 ordinary shares.

The purpose of the Closed Period Programme is to reduce the share capital of the Company.

The Closed Period Programme will be conducted within certain pre-set parameters, and in accordance with the general authority to repurchase shares granted by the Company's shareholders at the 2021 annual general meeting, Chapter 12 of the UK Listing Authority Listing Rules and the provisions of the Market Abuse Regulation 596/2014/EU dealing with buyback programmes. The shares repurchased by the Company will be held in treasury pending cancellation or re-issue.

Ends.

 
 Frasers Group plc 
  Thomas Piper, Company Secretary     T. 0344 245 9200 
  LEI: 213800JEGHHEAXIJDX34           E. investor.relations@ frasers.group

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

POSFLFEVLTLEIIL

(END) Dow Jones Newswires

November 05, 2021 13:44 ET (17:44 GMT)

Sports Direct (LSE:SPD)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Sports Direct.
Sports Direct (LSE:SPD)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Sports Direct.