REG - Foxtons Group PLC - Update on Share Buyback Programme

FoxtonsAnnouncement

23/12/2022 07:00

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RNS Number : 6886K  Foxtons Group PLC  23 December 2022

FOXTONS GROUP PLC (the "Company" or "Foxtons")

SHARE BUYBACK PROGRAMME - MANAGEMENT OF THE PROGRAMME WITHIN THE CLOSED PERIOD

23 December 2022

Foxtons Group plc (LSE: FOXT), London's leading estate agency, today issues an
update on the share buyback programme to return excess capital to
shareholders.

Share buyback programme

Foxtons Group plc refers to the announcement published on 2 November 2022, in
which the Company confirmed the launch of a share buyback programme (the
"Programme") of up to £3 million, in line with the Company's policy of
returning excess cash to shareholders.

The Group has today issued an irrevocable instruction to Numis Securities
Limited to continue to manage the Programme, within pre-set parameters, during
the closed period ahead of the publication of the Group's Full Year results in
2023.

To date, the Programme has seen 5,627,162 shares purchased, at a total value
of £1.8m.

For further details on the Programme, please refer to the announcement issued
on 2 November 2022.

For further information, please contact:

 Foxtons Group plc
 Chris Hough, Chief Financial Officer  +44 20 7893 6261

investor@foxtonsgroup.co.uk
 Muhammad Patel, Investor Relations

 

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