Pets at Home Group Plc has announced the purchase of 176,928 of its Ordinary Shares of £0.01 each through HSBC Bank PLC as part of its share buyback program. The shares were purchased on 26 February 2024, with the lowest price paid per share at 283.4 GBp, the highest price at 294.6 GBp, and a volume weighted average price paid per share at 286.7 GBp. Following the purchase, the remaining number of Ordinary Shares in issue will be 469,550,921 with no shares held in treasury, resulting in a total voting rights in the company of 469,550,921.
The company provided detailed information of the individual trades made by HSBC Bank PLC as part of the Share Buyback Programme, including the number of shares purchased, transaction price per share, time of transaction, transaction reference number, and venue. This information is in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation).
The figure for the total number of voting rights may be used by shareholders and others with notification obligations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
The purchased shares will be cancelled, and the company will have 469,550,921 Ordinary Shares in issue with no shares held in treasury. This information is important for shareholders and others with notification obligations to understand the impact of the share buyback on the company's total voting rights and shares in issue.