REG - Wickes Group PLC - Completion of first tranche of Buyback Programme

WickesAnnouncement

01/02/2024 07:00

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RNS Number : 6102B  Wickes Group PLC  01 February 2024

Wickes Group PLC

1 February 2024

Completion of first tranche of Share Buyback Programme

 

On 25 July 2023, Wickes Group Plc ("the Company") announced a £25 million
share buyback programme (the "Programme"). The Company is pleased to announce
that it has completed the first tranche of the Programme.

Between 28 July 2023 and 30 January 2024, 9,227,433 ordinary shares were
repurchased for cancellation at an average price of 135.5p pence per share and
a total cost, (excluding associated costs and stamp duty), of £12.5 million.
This represents approximately 3.5 per cent. of the issued share capital when
the buyback programme commenced.

Further tranches of the Programme will be announced following the current
close period which will end with the release of the Company's Full Year
results in March 2024.

 

For further information please contact:

Holly Grainger

Director of Investor Relations

07341 680426

holly.grainger@wickes.co.uk (mailto:holly.grainger@wickes.co.uk)

 

Lucy Legh, Will Smith

Headland - PR Adviser to the Company

+44 (0) 0203 805 4822

wickes@headlandconsultancy.com

LEI: 213800IEX9ZXJRAOL133

 

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