Pets at Home Group Plc has disclosed the purchase of 175,000 of its Ordinary Shares of £0.01 each through Deutsche Numis as part of its Share Buyback Programme. The shares were bought on 2 July 2024, with prices ranging from 292.20 GBp to 299.80 GBp per share. The volume-weighted average price paid per share was 295.3352 GBp. Following the purchase, the company will have 467,145,023 Ordinary Shares in issue, with no shares held in treasury, resulting in a total of 467,145,023 voting rights in the company.
The company stated that the purchased shares will be cancelled. The total voting rights figure may be used by shareholders to determine if they are required to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules. The detailed information of the individual trades made by Deutsche Numis as part of the Share Buyback Programme was also provided in the announcement.
The individual transactions included the number of ordinary shares purchased, transaction prices, and the time of each transaction. The transactions were executed on the XLON trading venue. The disclosed transactions provide transparency and insight into the company's recent share buyback activities, offering stakeholders a clear view of the executed trades and their impact on the company's share capital and voting rights.
Pets at Home Group Plc's announcement of the Share Buyback Programme and the subsequent disclosure of the share purchases through Deutsche Numis demonstrates the company's commitment to enhancing shareholder value and optimizing its capital structure. The transparency in reporting the specific details of the share buyback transactions aligns with the company's dedication to open communication and compliance with regulatory requirements.