DFS Furniture PLC Transaction in Own Shares (0508B)

TIDMDFS

RNS Number : 0508B

DFS Furniture PLC

29 September 2022

29 September 2022

DFS Furniture plc

Transaction in Own Shares

DFS Furniture plc ("DFS" or the "Group"), today announces that it purchased the following number of its ordinary shares of GBP0.10 each on Exchange (as defined in the Rules of the London Stock Exchange) from Peel Hunt LLP pursuant to its Share Buyback Programme, details of which were announced on 15 March 2022.

Jefferies International Limited has concluded the first tranche of DFS's Share Buyback Programme. From 03 August 2022, the second tranche commenced and is being undertaken by Peel Hunt LLP.

 
 Date of purchase:                             28-Sep-22 
 Aggregate number of Ordinary GBP0.10 
  Shares purchased:                              670,028 
 Lowest price paid per share (GBp):               121.00 
 Highest price paid per share (GBp):              124.20 
 Volume weighted average price paid per 
  share (GBp):                                   121.744 
 Broker                                    Peel Hunt LLP 
                                          -------------- 
 

DFS intends to retain the purchased shares in treasury.

Following the above transaction, the Company will have 258,636,720 ordinary shares of GBP0.10 each in issue. The total number of shares held by the Company in treasury is 16,839,552.

Therefore, the total voting rights in the Company is 241,797,168 and this figure 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 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018) (the Market Abuse Regulation), detailed information about the individual purchases is available below:

 
 Transaction Date & Time     Volume                                   Price    Platform   Transaction 
                                                                       (Gbp)               Reference Number 
 20220928 15:15:25.662043 
  +0100s                                                   220,000    121      XLON       00139593359TRLO0 
                            ---------------------------------------  -------  ---------  ------------------ 
 20220928 14:55:04.840915 
  +0100s                                                   200,000    121      XLON       00139590146TRLO0 
                            ---------------------------------------  -------  ---------  ------------------ 
 20220928 13:54:52.158070 
  +0100s                                                   180,000    121.4    XLON       00139581763TRLO0 
                            ---------------------------------------  -------  ---------  ------------------ 
 20220928 11:53:51.940049 
  +0100s                                                     70,028   124.2    XLON       00139568225TRLO0 
                            ---------------------------------------  -------  ---------  ------------------ 
 

Enquiries:

 
 DFS: (enquiries via Tulchan)                          TULCHAN 
 Liz McDonald (Group Company Secretary)                James Macey-White 
 Peter McDonald (Investor Relations)                      Jessica Reid 
 [e-mail]                          [e-mail] 
 

About DFS Furniture plc

The Group is the clear market-leading retailer of living room furniture in the United Kingdom. Our Group purpose is to bring great design and comfort into every living room, in an affordable, responsible and sustainable manner. We operate an integrated physical and digital retail network of living room furniture showrooms and web sites in the United Kingdom, Republic of Ireland, Netherlands and Spain, trading through our leading brands, DFS, Sofology and Dwell. We attract customers through our targeted and national marketing activities and our reputation for high quality products and service, breadth of product offer and favourable consumer financing options. We fulfil orders for our exclusive product ranges through our own three UK finished goods factories, and through manufacturing partners located in the UK, Europe and Far East, and delivered with care through our expert final-mile delivery service "The Sofa Delivery Company".

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September 29, 2022 02:00 ET (06:00 GMT)