Pets At Home Group Plc recently announced the purchase of 80,589 of its Ordinary Shares through HSBC Bank PLC as part of its Share Buyback Programme. The shares were bought at prices ranging from 306.8 GBp to 313.0 GBp, with a volume-weighted average price of 309.9 GBp per share. Following the purchase, the total number of Ordinary Shares in issue will be 475,393,846 with no shares held in treasury, resulting in the same number of total voting rights in the company.
The detailed information of the individual trades made by HSBC Bank PLC as part of the Share Buyback Programme was also provided. The transactions included various quantities of shares purchased at different prices per share, with the time of each transaction, transaction reference number, and venue listed. This information is in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation).
The company stated that the figure for the total number of voting rights may be used by shareholders and others with notification obligations as the denominator for the calculations 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 purchased shares will be cancelled, and the company will have 475,393,846 total voting rights.