Pets at Home Group Plc has disclosed the purchase of 100,000 of its Ordinary Shares of £0.01 each through Deutsche Numis as part of its share buyback program. The shares were bought on 16 July 2024, with prices ranging from 304.00 GBp to 308.60 GBp per share. The volume-weighted average price paid per share was 306.8400 GBp. The company stated that the purchased shares will be canceled, resulting in a total of 465,763,983 Ordinary Shares in issue with no shares held in treasury, and the total voting rights in the company will be 465,763,983.
The company provided detailed information on the individual trades made by Deutsche Numis as part of the Share Buyback Programme, including the number of ordinary shares purchased, transaction price per share, and the time of each transaction. Pets at Home Group Plc also noted that 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 announcement adhered to Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), providing comprehensive details of the individual trades made as part of the Share Buyback Programme. The trades were executed on the XLON trading venue, with transaction prices ranging from 304.00 GBp to 308.60 GBp per share.
Pets at Home Group Plc's disclosure of the share buyback program and the detailed breakdown of the individual transactions provides transparency to shareholders and the market regarding the company's recent share purchases and the resulting impact on its total voting rights.