Pets at Home Group Plc has disclosed the purchase of 150,000 of its Ordinary Shares of £0.01 each through Deutsche Numis as part of its Share Buyback Programme. The shares were bought at prices ranging from 295.20 GBp to 298.20 GBp, with a volume-weighted average price of 296.5947 GBp per share. Following the buyback, the company will have 466,995,023 Ordinary Shares in issue, with none held in treasury, resulting in the same number of total voting rights.
The company has provided detailed information on the individual trades made by Deutsche Numis as part of the Share Buyback Programme, in accordance with the Market Abuse Regulation. The disclosed transactions include the number of ordinary shares purchased, transaction prices, and the time of each transaction, among other details.
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. This information is in line with Article 5(1)(b) of Regulation (EU) No 596/2014.
The purchased shares will be cancelled, and the company's total voting rights will be adjusted accordingly. This move is part of the company's strategy to optimize its capital structure and enhance shareholder value.