DFS Furniture PLC Transaction in Own Shares (9839C)

TIDMDFS

RNS Number : 9839C

DFS Furniture PLC

13 February 2020

14 February 2020

For immediate release

DFS Furniture plc ("DFS" and the "Company")

Transaction in own shares

DFS Furniture plc (the "Company") announces that on 13 February 2020 it purchased for Treasury the following number of its ordinary shares of 150 pence each pursuant to its 400,000 share repurchase programme, details of which were announced on 10 December and 18 December 2019.

Description of shares: DFS Furniture plc - ordinary shares of 150 pence

Number of shares repurchased: 1,554 shares

Date of transaction: 13 February 2020

Average price paid per share: 277.61 pence

Lowest price paid per share: 276.00 pence

Highest price paid per share: 283.00 pence

Broker: Jefferies International Limited

Following the purchase of these shares and those shares subsequently utilised to satisfy the employee share based award obligation the remaining number of ordinary shares in issue will be 212,661,651 (excluding Treasury shares), and the company will hold 368,950 ordinary shares in Treasury.

The figure of 212,661,651 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is available below.

 
                     Transaction 
 Transaction date        time      Volume   Price (GBp) 
    13/02/2020        12:23:37      144         283 
    13/02/2020        14:15:57      148        278.5 
    13/02/2020        14:19:44       71         279 
    13/02/2020        14:29:23       85        278.5 
    13/02/2020        15:04:17       80         277 
    13/02/2020        16:12:31      106        276.5 
    13/02/2020        16:15:04       19        276.5 
    13/02/2020        16:25:05       63        276.5 
    13/02/2020        16:26:54       74         277 
    13/02/2020        16:26:54       85         277 
    13/02/2020        16:26:56      162         277 
    13/02/2020        16:28:32      136        277.5 
    13/02/2020        16:29:34      381         276 
 

For further information, please contact:

 
 DFS (enquiries via Tulchan)             TULCHAN 
 Liz McDonald (Company Secretary)        James Macey-White 
  Phil Hutchinson (Investor Relations)    Jessica Reid 
  [e-mail]            Amber Ahluwalia 
                                          [e-mail] 
 

About DFS Furniture plc

DFS is the clear market leading retailer of living room furniture in the United Kingdom. We design, manufacture, sell and deliver to our customers an extensive range of furniture products. The business operates a retail network of living room furniture stores in the United Kingdom and Europe, together with an online channel. These have been established and developed gradually over 50 years of operating history. We attract customers to our stores and website through our substantial and continued investment in nationwide marketing activities and our reputation for high quality products and service, breadth of product ranges and price points and favourable consumer financing options.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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February 14, 2020 02:00 ET (07:00 GMT)