Pets at Home Group Plc has disclosed the details of its share buyback program, revealing that the company purchased 133,434 of its Ordinary Shares at prices ranging from 291.0 GBp to 295.6 GBp. The purchased shares will be canceled, resulting in a total of 470,022,802 Ordinary Shares in issue with none held in treasury. This figure will be used to calculate voting rights for shareholders under the FCA's Disclosure Guidance and Transparency Rules.
The company provided a comprehensive breakdown of individual transactions made by HSBC Bank PLC as part of the Share Buyback Programme. The transactions include the number of shares purchased, transaction prices per share, time of transaction, transaction reference numbers, and the venue of the transactions.
The disclosed information is in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), as part of Retained EU Law as defined in the European Union (Withdrawal) Act 2018. This transparency is essential for shareholders and others with notification obligations to accurately determine their interest in, or changes to their interest in, the company.
The detailed breakdown of the share buyback program provides transparency and insight into Pets at Home Group Plc's recent financial activities, offering shareholders and other stakeholders a clear understanding of the company's share repurchase strategy and its impact on the total voting rights.