REG - DFS Furniture PLC - EBT Update

DFS FurnitureAnnouncement

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RNS Number : 1215Z  DFS Furniture PLC  01 April 2026

1 April 2026

 

 

DFS Furniture plc

Completion of purchase of shares and intended purchase of shares by the
Employee Benefit Trust

 

Completion of purchase of shares by Employee Benefit Trust

Further to the announcement on 8 December 2025, DFS Furniture PLC (the
"Company") has been notified that the DFS Furniture PLC Employee Benefit Trust
(the "EBT")  completed the purchase of 1,300,000 ordinary shares of £0.10
each in the capital of the Company ("Ordinary Shares").

 

Intended purchase of shares by Employee Benefit Trust

In accordance with the Group's internal policy to meet anticipated obligations
over the next 12 months under the Company's All Employee Share Scheme, long
term incentive plans and restricted share plans, the Group has gifted £5.8m
to Ocorian Limited (the "Trustee") through recycling employee contributions
from its recent successful Save As You Earn all employee scheme and an
additional cash contribution.

The Trustee will use these funds to acquire a further 3,500,000 ordinary
shares in the Company (the 'Market Purchases') for the EBT. The 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.

We will provide an update on a monthly basis to state the number of shares.

 

Current Employee Benefit Trust share holding

The EBT currently holds 3,389,630 ordinary shares in the Company representing
1.4% of the Company's issued capital.

We will provide further updates of the EBT shareholdings on a monthly basis.

 

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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