REG-FirstGroup Plc: Buyback Update

FirstgroupAnnouncement

10/02/2025 16:30

Date 10 February 2025

 

FirstGroup plc

 

On-market Share Buyback Programme of £50m

Completion of First Tranche and Commencement of Second Tranche

 

FirstGroup plc ("FirstGroup") announces that, in accordance with the terms of
its on-market share buyback programme announced on 14 November 2024 (the
"£50m Programme"), RBC Europe Limited completed the first tranche
of £25m on 7 February 2025, with a total of 15,703,358 ordinary shares
purchased and currently being held in Treasury.

 

Accordingly, Panmure Liberum Limited will now commence the second tranche of
the Buyback of up to a maximum consideration of £25m with effect from
today.  The second tranche of the Buyback will continue to be conducted as
set out in our announcement of 14 November 2024.

 

 

 Contacts at FirstGroup:                                                                                            
  David Blizzard, Company Secretary Marianna Bowes, Head of Investor Relations                                      
  Tel: +44 (0) 20 7725 3354                                                                                         
 Contacts at Liberum Capital Limited:                                             Contacts at RBC Europe Limited:   
  Nicholas How / John Fishley                                                      James Agnew / Jack Wood          
  Tel: +44 (0) 20 3100 2000                                                        Tel: +44 (0) 20 7653 4000        

 

 

Forward-looking statements

Certain statements included or incorporated by reference within this
announcement may constitute 'forward-looking statements' with respect to the
business, strategy and plans of the Group and our current goals, assumptions
and expectations relating to our future financial condition, performance and
results. By their nature, forward-looking statements involve known and unknown
risks, assumptions, uncertainties and other factors that cause actual results,
performance or achievements of the Group to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. No statement in this announcement should be
construed as a profit forecast for any period. Shareholders are cautioned not
to place undue reliance on the forward-looking statements. Except as required
by the UK Listing Rules and applicable law, the Group does not undertake any
obligation to update or change any forward-looking statements to reflect
events occurring after the date of this announcement.

 

 

Notes
                                                                                                                                                   

Legal Entity Identifier (LEI): 549300DEJZCPWA4HKM93.  Classification as per
DTR 6 Annex 1R: 2.4.

 

 



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