REG - Hill & Smith PLC - Update on Share Buyback Programme

Hill and SmithAnnouncement

01/06/2026 07:00

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RNS Number : 3273G  Hill & Smith PLC  01 June 2026

1 June 2026

 

Hill & Smith PLC ('Hill & Smith' or the 'Company')

 

Update on Share Buyback Programme

 

Hill & Smith today confirms the completion by Deutsche Bank AG (trading
for these purposes as Deutsche Numis) of the first c.£50 million tranche of
the Company's £100m share buyback programme announced on 13 August 2025
('Programme'). The Company has repurchased and cancelled 2,141,741 ordinary
shares since the commencement of the Programme.

 

The Company has entered into an agreement with Jefferies International Limited
to execute the second tranche of the Programme, with a maximum aggregate value
of up to £50 million.

 

Additionally, the Company also announces that it intends to make use of the
FCA's updated notification deadline under UKLR 9.6.6R, which permits
post-trade notifications of purchases of own shares to be made no later than
the end of the seventh daily market session following the date of execution.

 

The terms of the Programme remain unchanged other than as set out in this
announcement.

 

For further information, please contact:

 

Karen Atterbury

Group Company
Secretary
Tel:  +44 (0)121 704 7430

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