Transaction in Own Shares

RNS Number : 5853F
Pittards PLC
19 July 2021
 

19 July 2021

Pittards plc

("Pittards", the "Group" or the "Company")

 

Purchase of own shares

 

 

Further to the announcement on 11 June which outlined the Company's share buyback programme, Pittards plc (AIM: PTD), the AIM listed manufacturer of specialty leather, announces that on 16 July 2021 it purchased 10,000 of its own ordinary shares of 50p each ("Ordinary Shares") at a price of 56.5 pence to be held as treasury shares.

 

The Company now holds 964,210 Ordinary Shares in treasury, and it is anticipated that these shares will principally be used to settle LTIP obligations.

 

In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) the Company hereby notifies the market that immediately following this purchase for treasury its issued share capital will remain the same and consist of 13,888,690 Ordinary Shares of which 964,210 are held in Treasury. Therefore, the total number of voting rights in the Company is 12,924,480. Shareholders may use this figure 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 Company under the FSA's Disclosure and Transparency Rules.

 

 

For further information please contact:

 

Pittards plc 

 

Stephen Yapp - Chairman

Reg Hankey - Chief Executive

Richard Briere - Chief Financial Officer

01527 830 630

 

 

WH Ireland (Nominated Adviser & Joint Broker)

www.whirelandcb.com

 

Mike Coe (Corporate Finance)

Jasper Berry (Corporate Broking)

0207 220 1666

 

 

 

 

 

 

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Pittards (PTD)
UK 100

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