Frasers Group PLC Share Buyback Programme
18 Giugno 2024 - 8:00AM
RNS Regulatory News
RNS Number : 5608S
Frasers Group PLC
18 June 2024
Date: 18 June 2024
Frasers Group
Plc
("Frasers Group" or the
"Company")
Share Buyback
Programme
The Company announces that it has
entered into a non-discretionary arrangement with Barclays Bank
PLC, acting through its investment bank ("Barclays") in respect of
a new share buyback programme during the closed period of the
Company from today's date for the period ending on the day the
Company reports final results for the year ended 28 April 2024 (the
"Programme").
The aggregate purchase price of all
ordinary shares acquired under the Programme, together with any
other shares purchased on the Company's behalf pursuant to its
Programme, will be no greater than £80,000,000. The maximum number
of shares that may be purchased under the Programme will be
10,000,000 ordinary shares. Any share purchases under the Programme
will be made on the Company's behalf and in accordance with the
arrangement and shall be made independently of and uninfluenced by
the Company.
The sole purpose of the Programme is
to reduce the share capital of the Company.
The Programme will be conducted
within certain pre-set parameters and the terms of the arrangement
with Barclays, and in accordance with the general authority to
repurchase shares granted by the Company's shareholders at the 2023
annual general meeting and Chapter 12 of the Listing Rules. The
shares repurchased by the Company will be held in treasury pending
cancellation or re-issue.
Ends
FRASERS GROUP PLC
|
|
Robert Palmer, Company Secretary
LEI: 213800JEGHHEAXIJDX34
|
T. 0344 245 9200
E. company.secretary@frasers.group
|
Chris Wootton, Chief Financial Officer
|
T. 0344 245 9200
E.
financial@frasers.group
|
Ronnie Laffar, Group Head of Communications
|
T. 07931
841082
E. fgpr@frasers.group
|
Andrew Kasoulis, Investor Relations Director
|
T. 07826
532191
E.
Andrew.Kasoulis@frasers.group
|
Barclays Bank PLC, acting through
its
Investment Bank
Nicola Tennent
Stuart Muress
|
T.
020 7623 2323
|
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
POSUSSORSAUNAAR
Grafico Azioni Frasers (LSE:FRAS)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Frasers (LSE:FRAS)
Storico
Da Giu 2023 a Giu 2024