Pets at Home Group Plc has announced the purchase of 175,000 of its Ordinary Shares of £0.01 each through Deutsche Numis as part of its share buyback program. The shares were bought at prices ranging from 294.20 GBp to 302.40 GBp, with a volume-weighted average price of 298.0947 GBp per share. Following the purchase, the company will cancel the bought shares, leaving a total of 466,467,856 Ordinary Shares in issue with none held in treasury. This figure will be used as the denominator for the calculation of voting rights.
The detailed information of the individual trades made by Deutsche Numis as part of the Share Buyback Programme is provided in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014. The transactions include the number of ordinary shares purchased, transaction price per share in GBp, and the time of transaction (UK Time). The trading venue for all transactions was XLON.
The announcement provides transparency and insight into the company's recent financial activities, offering shareholders and other stakeholders a clear understanding of the share buyback program's execution. This move may also reflect the company's confidence in its financial position and future prospects, as well as its commitment to enhancing shareholder value.