Business
Purchase of own Shares into Treasury and TVR
Purchase of own Shares into Treasury and TVR.
About this update from Headlam Group Plc
[{"type":"text","content":"\n \nRNS Number : 3031T Headlam Group PLC 02 July 2018 \n\n 2 July 2018\nHeadlam Group plc\n(\"Headlam\" or the \"Company\")\n \nTransaction of own shares: purchase of own shares into treasury\n \nHeadlam Group plc (LSE: HEAD), Europe's largest distributor of floorcoverings, announces that on 2 July 2018 it purchased into treasury 97,192 ordinary shares of 5 pence each in the capital of the Company (\"Ordinary Shares\"), in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 May 2018, at a volume weighted average price of 489.26 pence per Ordinary Share. This represents 0.12% of the issued share capital of the Company (excluding treasury shares).\nThe highest price paid was 490.0 pence per Ordinary Share and the lowest price paid was 485.96 pence per Ordinary Share.\nThe 97,192 Ordinary Shares were purchased on the open market and will be held in treasury for the purpose of satisfying future share options and share awards under the Company's employee share schemes.\nFollowing this purchase, the Company holds 1,068,091 Ordinary Shares as treasury shares. The Company's issued share capital consists of 84,295,652 Ordinary Shares (excluding treasury shares), with one voting right per Ordinary Share. Therefore, the total number of voting rights in the Company is 84,295,652. \nThe above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules. \nEnquiries:\n\n\n\nHeadlam Group plc\n\n\nTel: 01675 433 000\n\n\n\n\nSteve Wilson, Chief Executive\n\n\n \n \n\n\n\n\nInvestec Bank plc (Corporate Broker) \n\n\nTel: 020 7597 5970\n\n\n\n\nGarry Levin / David Flin / Alex Wright\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nBuchanan (Financial PR and IR)\n\n\nTel: 020 7466 5000\n\n\n\n\nMark Court / Sophie Wills / Catriona Flint\n \n\n\n \n\n\n \n\n\n\n\n\n\n\n\n\nNotes for Editors:\n \nHeadlam is Europe's largest distributor of floorcoverings having grown significantly via organic growth and acquisition since 1992.\n \nHeadlam's core business provides the distribution link between sup...