Pets at Home Group Plc has disclosed the details of its recent share buyback program. The company repurchased 121,519 of its Ordinary Shares of £0.01 each through Deutsche Numis on 27 June 2024. The shares were bought at prices ranging from 299.80 GBp to 306.00 GBp, with a volume-weighted average price of 302.2005 GBp per share. Following the buyback, the total number of Ordinary Shares in issue will be 467,540,023, with no shares held in treasury, resulting in the same number of total voting rights in the company.
The company stated that the purchased shares will be canceled, and the remaining number of Ordinary Shares in issue will be 467,540,023 with no shares held in treasury. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with the Market Abuse Regulation, detailed information of the individual trades made by Deutsche Numis as part of the Share Buyback Programme was provided. The individual transactions included the number of ordinary shares purchased, transaction price per share in GBp, and the time of transaction (UK Time), among other details.
This announcement provides transparency regarding Pets at Home Group Plc's recent share buyback activities, offering insight into the company's decision-making and financial operations.