Pets at Home Group Plc has announced the purchase of 122,515 of its Ordinary Shares of £0.01 each through HSBC Bank PLC as part of its share buyback programme. The shares were bought at prices ranging from 286.2 GBp to 292.2 GBp, with a volume-weighted average price of 289.8 GBp. Following the purchase, the remaining number of Ordinary Shares in issue will be 469,727,849 with no shares held in treasury, resulting in a total voting rights of 469,727,849.
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 prices per share, and the time of each transaction. The purchased shares will be cancelled, and the total voting rights may be used by shareholders to determine if they are required to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.
This announcement is in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), as part of Retained EU Law as defined in the European Union (Withdrawal) Act 2018. The company's transparency in providing detailed information about the share buyback program and the individual transactions demonstrates its commitment to maintaining open communication with its shareholders and the public.