REG-Travis Perkins Travis Perkins: Commencement of Second Buy-back Programme

Travis PerkinsAnnouncement

01/03/2022 07:45

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   Travis Perkins (TPK)
   Travis Perkins: Commencement of Second Buy-back Programme

   01-March-2022 / 07:33 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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   Travis Perkins plc announces a new £70 million share buy-back programme

   Travis Perkins plc is pleased to announce that following the successful
   completion of its Initial £170million share buyback programme which was
   announced on 30 September 2021 (with an initial programme of £100million
   subsequently being extended on 14 December 2021 by a further £70million)
   with a new non-discretionary share buyback programme (the "Second
   Programme").

   The Second Programme will be for a maximum aggregate market value
   equivalent to £70 million which will be bought back in the form of Travis
   Perkins ordinary shares. The Second Programme commences today, 1 March
   2022, and will end not later than 8 July 2022 (the "Repurchase Period").
   The sole purpose of the Second Programme is to reduce share capital.

   Travis Perkins has entered into non-discretionary instructions
   with Citigroup Global Markets Limited to conduct the Second Programme on
   its behalf and to make trading decisions independently of Travis Perkins.

   The Second Programme will take place within the limitations of the
   authority granted to the Board of Travis Perkins by its annual general
   meeting held on 27 April 2021 (and the commitment made in the Explanatory
   Notes in the Notice of AGM), pursuant to which the maximum number of
   shares to be bought back by Travis Perkins is 22,502,592 being 10% of the
   issued shares following the share consolidation which became effective on
   29 April 2021.

   Any further tranches of the Second Programme, which may be conducted after
   completion of the Programme, will be announced in due course.

    

    

   For further information, please contact:

    

   Investor Relations:

    

   Matt Worster     

   +44 (0) 7990 088548

    1 Matt.worster@travisperkins.co.uk

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   ISIN:           GB00BK9RKT01
   Category Code:  POS
   TIDM:           TPK
   LEI Code:       2138001I27OUBAF22K83
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   145870
   EQS News ID:    1290639


    
   End of Announcement EQS News Service

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References

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   1. mailto:Matt.worster@travisperkins.co.uk


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