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Frasers Group PLC
Transaction in Own Shares • Sep 21, 2023
4862_rns_2023-09-21_5174edf4-288f-473b-bcc9-3ea1eba45632.html
Transaction in Own Shares
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National Storage Mechanism | Additional information 
RNS Number : 1125N
Frasers Group PLC
21 September 2023
Date: 21 September 2023
Frasers Group Plc
("Frasers Group" or the "Company")
Share Buyback Programme
The Company announces that it intends to commence a new share buyback programme from today's date for the period up to and including the day prior to the date on which it enters into a close period with respect to its interim results for the period to 29 October 2023 (the "Programme").
The aggregate purchase price of all shares acquired under the Programme will be no greater than £80,000,000. The maximum number of shares that may be purchased under the Programme will be 10,000,000 ordinary shares.
The purpose of the Programme is to reduce the share capital of the Company.
The 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 2023 annual general meeting and Chapter 12 of the Listing Rules. A buy-back of ordinary shares on any trading day may exceed the 25% of the average daily trading volume specified in 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 Robert Palmer, Company Secretary LEI: 213800JEGHHEAXIJDX34 |
T. 0344 245 9200 E. [email protected] |
| Chris Wootton, Chief Financial Officer | T. 0344 245 9200 E. [email protected] |
| Ronnie Laffar, Group Head of Communications | T. 07585 886189 E. [email protected] |
| Andrew Kasoulis, Investor Relations Director | T. 0344 245 9200 E. [email protected] |
| Barclays Bank PLC, acting through its Investment Bank | |
| Nicola Tennent Stuart Muress |
T. 020 7623 2323 |
| Liberum John Fishley Edward Thomas Kane Collings Nikhil Varghese |
T. 020 3100 2000 |
| Numis Luke Bordewich Stuart Ord Ollie Steele |
T. 020 7260 1000 |
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