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SPD Sports Direct International Plc

470.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sports Direct International Plc LSE:SPD London Ordinary Share GB00B1QH8P22 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 470.00 469.20 469.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Frasers Group PLC Commencement of Share Buyback (4475C)

21/06/2021 7:10am

UK Regulatory


Sports Direct (LSE:SPD)
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From Apr 2021 to Apr 2024

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TIDMFRAS

RNS Number : 4475C

Frasers Group PLC

21 June 2021

Date: 21 June 2021

FRASERS GROUP PLC ("Frasers Group " or "the Company")

SHARE BUYBACK PROGRAMME

The Company announces that it has instructed Liberum Capital Limited in relation to an irrevocable, non-discretionary share buyback programme to purchase the Company's shares during the forthcoming closed period, which commences on 21 June 2021 and will end on the day the Company reports its full year FY21 results (the "Closed Period Programme").

The aggregate purchase price of all shares acquired under the Programme will be no greater than GBP60,000,000. The maximum number of shares that may be purchased under the Programme will be 10,000,000 ordinary shares.

The purpose of the Closed Period Programme is to reduce the share capital of the Company.

The Closed Period Programme will be conducted within certain pre-set parameters, and in accordance with the general authority to repurchase shares granted by the Company's shareholders at the 2020 annual general meeting, Chapter 12 of the UK Listing Authority Listing Rules and the provisions of the Market Abuse Regulation 596/2014/EU dealing with buyback programmes. The shares repurchased by the Company will be held in treasury pending cancellation or re-issue.

Ends.

 
 Frasers Group plc 
  Thomas Piper, Company Secretary     T. 0344 245 9200 
  LEI: 213800JEGHHEAXIJDX34           E. investor.relations@ frasers.group 
 
 

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END

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(END) Dow Jones Newswires

June 21, 2021 02:10 ET (06:10 GMT)

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