3 November 2026
Moonpig Group plc
Share Repurchase Programme
Moonpig Group plc (the "Company") announces that further to the announcement on
18 March 2026, it is today commencing a H2 FY27 share buyback programme (the
"Share Buyback Programme") to repurchase up to £32.5 million of its ordinary
shares (the "Shares").
The Share Buyback Programme will run from the date of this announcement until
either 30 April 2027 or until notified by the Company. The Company's policy with
respect to share buybacks is that it will only conduct share buybacks when they
use excess capital and they are earnings enhancing.
The Share Buyback Programme will operate under the authority granted at the
Company's 2026 Annual General Meeting, by which the Company was authorised to
repurchase up to a maximum amount of 45,254,684 Shares (the "Share Buyback
Authority"). As at 2 November 2026, the remaining headroom under this authority
was 42,172,367 Shares. The purpose of the Share Buyback Programme is to return
excess capital to shareholders and reduce the capital of the Company. Shares
bought back under the Share Buyback Programme are intended to be cancelled.
In order to implement the Share Buyback Programme, RBC Europe Limited ("RBC")
shall purchase ordinary shares as riskless principal (and not as agent of the
Company) for the subsequent sale on to, and purchase by, the Company. RBC will
make its trading decisions in relation to the ordinary shares independently of,
and uninfluenced by, the Company, and in accordance with certain pre-set
parameters agreed with the Company. Any purchases of Ordinary Shares under the
Share Buyback Programme will be carried out on the London Stock Exchange and in
accordance with (and subject to the limits prescribed by) the Share Buyback
Authority, Chapter 9 of the Financial Conduct Authority's Listing Rules, Article
5(1) of the Market Abuse Regulation (EU) No 596/2014 (as it forms part of
domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended
(the "Withdrawal Act")) and the Commission Delegated Regulation (EU) No
2016/1052 (as it forms part of domestic law by virtue of the Withdrawal Act).
Enquiries:
Moonpig Group moonpig@client.sodali.com
Catherine Faiers, Chief Executive Officer
Andy MacKinnon, Chief Financial Officer
About Moonpig
Moonpig Group plc (the "Group") is a leading online greeting cards and gifting
platform, comprising the Moonpig, Red Letter Days and Buyagift brands in the UK
and the Greetz brand in the Netherlands. The Group is the online market leader
in cards in both of its markets and is also the UK market leader in gift
experiences.
The Group's leading customer proposition includes an extensive range of cards, a
curated range of gifts, personalisation features and next day delivery offering.
The Group offers its products through its proprietary technology platforms and
apps, which utilise unique data science capabilities designed by the Group to
optimise and personalise the customer experience and provide scalability. Learn
more at https://www.moonpig.group/.
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