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SCS GROUP PLC
Regulatory Filings • Dec 10, 2021
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Regulatory Filings
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National Storage Mechanism | Additional information 
RNS Number : 2021V
ScS Group PLC
10 December 2021
| 10 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 9 December 2021, the Trust purchased 145,000 Ordinary Shares at a price of 219.9 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 275,503 Ordinary Shares representing c.0.7% 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 |
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