REG-Fuller, Smith & Turner PLC Fuller, Smith & Turner PLC: Share Buyback Programme

Fuller Smith & TurnerAnnouncement

05/03/2020 15:15

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   Fuller, Smith & Turner PLC (FSTA)
   Fuller, Smith & Turner PLC: Share Buyback Programme

   05-March-2020 / 15:11 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   5 March 2020

                 Fuller, Smith & Turner P.L.C. ("the Company")

                            Share Buyback Programme

   The Company today announces its intention  to utilise part of its  general
   authority to make  on-market purchases of  'A' ordinary shares  ("Ordinary
   Shares"), with the objective  of putting shares into  Treasury for use  in
   meeting future obligations arising  from share-based rewards to  employees
   ("Buyback").

   The programme is  irrevocable and non-discretionary  and purchases may  be
   made during close periods.  The Company confirms that it has currently  no
   unpublished price sensitive information.

   Any purchase of ordinary shares  effected pursuant to this programme  will
   be carried out  on the London  Stock Exchange and  executed in  accordance
   with, and  subject to  limits  prescribed by,  the  Listing Rules  and  in
   accordance with the authorisation granted to the Board by shareholders  at
   the Annual  General Meeting  held on  4 September  2019. The  Company  has
   appointed Numis Securities Limited to manage the programme on its behalf.

   Due to the limited liquidity in the issued Ordinary Shares, any Buyback of
   Ordinary Shares pursuant to the authority on any trading day may represent
   a significant  proportion of  the  daily trading  volume in  the  Ordinary
   Shares on the London  Stock Exchange and  may exceed 25  per cent. of  the
   average daily trading volume, being the limit laid down in Article 5(1) of
   Regulation (EU) No 596/2014 and, accordingly, the Company will not benefit
   from the exemption contained in this Article.

   Enquiries:

   Séverine Bequin
   Company Secretary
   020 8996 2073

    

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   ISIN:           GB00B1YPC344
   Category Code:  POS
   TIDM:           FSTA
   OAM Categories: 2.4. Acquisition or disposal of the issuer's own shares
   Sequence No.:   50646
   EQS News ID:    990545


    
   End of Announcement EQS News Service

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