SCS GROUP PLC

Net Asset Value • Oct 14, 2019

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RNS Number : 7011P

ScS Group PLC

14 October 2019

		14 October 2019

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 Company ("Ordinary Shares") by the Group's Employee Benefit Trust (the "Trust").

On 10 October 2019, the Trust purchased 52,513 Ordinary Shares at a price of 234 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 264,231 Ordinary Shares representing c.0.66% 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	Tel: +44 (0)20 7466 5000 scs@buchanan.uk.com
Shore Capital    Patrick Castle    James Thomas Sarah Mather	Tel: +44 (0)207 408 4050

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