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SCS GROUP PLC
Transaction in Own Shares • Dec 17, 2020
4925_rns_2020-12-17_899af2e4-9e7b-4562-9f7b-e6de3a2303d8.html
Transaction in Own Shares
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National Storage Mechanism | Additional information 
RNS Number : 9227I
ScS Group PLC
17 December 2020
| 17 December 2020 |
ScS Group plc
("ScS", or the "Group")
Purchase of Shares by the Group's Employee Benefit Trust
ScS, one of the UK's largest retailers of upholstered furniture and floorings, confirms the following purchase of ordinary shares of 0.1 pence each in the Group ("Ordinary Shares") by the Group's Employee Benefit Trust (the "Trust").
On 11 December 2020, the Trust purchased 25,000 Ordinary Shares at a price of 197.2 pence per Ordinary Share.
The purpose of the Trust is to hold Ordinary Shares in trust in connection with the Group's share incentive schemes. The Trust has waived any dividends which it may be entitled to receive in respect of Ordinary Shares held by it, and has also agreed to waive voting rights to such shares.
Following this purchase, the Trust holds 102,275 Ordinary Shares representing c.0.3% of the Group's current issued share capital.
Enquiries:
| ScS Group PLC David Knight, Chief Executive Officer Chris Muir, Chief Financial Officer |
c/o Buchanan +44 (0)20 7466 5000 |
| Buchanan Richard Oldworth Tilly Abraham Charlotte Slater |
Tel: +44 (0)20 7466 5000 [email protected] |
| Shore Capital Patrick Castle James Thomas |
Tel: +44 (0)20 7408 4050 |
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