Purchase of shares by Employee Benefit Trust

Summary by AI BETAClose X

DFS Furniture PLC has announced the completion of a share purchase by its Employee Benefit Trust, which acquired 1,594,929 ordinary shares at an average price of £1.28, funded by a £5.8 million gift from the Company. Following this transaction, the Trust now holds 4,486,163 ordinary shares, representing 1.9% of the Company's issued share capital of 236,000,000 ordinary shares. These shares are designated for satisfying employee share options and restricted share releases, including those for Persons Discharging Managerial Responsibility.

Disclaimer*

DFS Furniture PLC
30 April 2026
 

30 April 2026

 

 

DFS Furniture plc

Completion of purchase of shares by Employee Benefit Trust

 

Further to the announcement of 1 April 2026, DFS Furniture PLC (the "Company") has been notified that the DFS Furniture PLC Employee Benefit Trust (the "EBT") has completed the purchase of 1,594,929 ordinary shares of £0.10 each at an average price of £1.28, funded by a £5.8m gift from the Company.

Following the completion of the purchase, the EBT holds 4,486,163 ordinary shares in the Company, representing 1.9% of the Company's issued share capital.

These shares will be used to satisfy the exercise of share options by employees or the release of restricted shares, including to Persons Discharging Managerial Responsibility (PDMRs) of the Company.

The Company's issued share capital consists of 236,000,000 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury.

 

Enquiries:

 

Liz McDonald (Group Company Secretary)

Phil Hutchinson (Investor Relations)

investor.relations@dfs.co.uk

 

About DFS Furniture plc

 

The Group is the clear market-leading retailer of upholstered furniture in the United Kingdom. Our Group purpose is to bring great design and comfort into every living room, in an affordable, responsible and sustainable manner. We operate an integrated physical and digital retail network of living room furniture showrooms and web sites in the United Kingdom and Republic of Ireland, trading through our leading brands, DFS and Sofology. We attract customers through our targeted and national marketing activities and our reputation for high quality innovative products and services, breadth of product offer and favourable consumer financing options. We fulfill orders for our exclusive product ranges through our own UK finished goods factories, and through manufacturing partners located in the UK, Europe and Far East, and delivered with care through our expert final-mile delivery service 'The Sofa Delivery Company Limited'.

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