AI Terminal
SCS GROUP PLC
Transaction in Own Shares • Dec 6, 2021
4925_rns_2021-12-06_64f1999a-9b9a-415a-898c-a326fc07f953.html
Transaction in Own Shares
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 7176U
ScS Group PLC
06 December 2021
| 6 December 2021 |
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 3 December 2021, the Trust purchased 105,000 Ordinary Shares at a price of 220.0 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 will hold 130,503 Ordinary Shares representing c.0.3% of the Group's current issued share capital.
Enquiries:
| ScS Group PLC Steve Carson, Chief Executive Officer Chris Muir, Chief Financial Officer |
c/o Buchanan +44 (0)20 7466 5000 |
| Buchanan Richard Oldworth Victoria Hayns Tilly Abraham |
Tel: +44 (0)20 7466 5000 [email protected] |
| Shore Capital Patrick Castle James Thomas |
Tel: +44 (0)20 7408 4050 |
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 [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
POSTFBITMTJMBTB