REG - Watches of Switzlnd. - Transaction in Own Shares

Watches of SwitzerlandAnnouncement

15/04/2025 07:02

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RNS Number : 9886E  Watches of Switzerland Group PLC  15 April 2025

REPURCHASE RESULT ANNOUNCEMENT

 

Watches of Switzerland Group PLC ("WoSG")

Transaction in own shares

 

Watches of Switzerland Group PLC (the "Company" or "WoSG") announces that on
14 April 2025 it purchased the following number of its ordinary shares of
£0.0125 each from Barclays Capital Securities Limited on the London Stock
Exchange in accordance with the authority granted by shareholders at the
Company's Annual General Meeting on 3 September 2024 (the "Purchase"). The
Purchase was effected pursuant to instructions under the £25 million share
repurchase programme announced on 10 March 2025 (the "Programme").

 

 Date of purchase:                               14 April 2025
 Aggregate number of ordinary shares purchased:  2,557
 Highest price paid per share:                   3.5600
 Lowest price paid per share:                    3.5440
 Average price paid per share:                   3.5594

 

WoSG intends to cancel the purchased shares.

Following the above transaction, WoSG holds nil ordinary shares in treasury
and has 237,318,311 ordinary shares in issue (excluding treasury shares).

 

Therefore, the total number of voting rights in the Company will be
237,318,311 and this figure may be used by shareholders as the denominator
when determining whether they are required to notify their interest in, or a
change to their interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.

 

Since the commencement of the Programme, the Company has repurchased 2,251,986
ordinary shares in aggregate at a weighted average price of 412.98 pence per
share.

 

 

The tables below contains detailed information about the purchases made as
part of the Programme.

 

Schedule of purchases

 

Issuer name: Watches of Switzerland Group PLC

 

ISIN: GB00BJDQQ870

 

Intermediary name: Barclays Capital Securities Limited

Intermediary Code: BARCGBN1

Currency: GBP

 

Aggregate information:

 

                        Volume-                  Aggregated volume  Lowest    price per share     Highest price per share

 Venue                  weighted average price
 London Stock Exchange  3.5594                   2,557              3.5440                        3.5600

 

Individual Transactions:

 

 Transaction Time  Volume  Price  Platform Code  Transaction reference number
 08:04:43          84      3.56   XLON           606192890956845531
 08:04:43          211     3.56   XLON           620266639792603855
 08:04:43          390     3.56   XLON           620266639792603856
 08:04:43          186     3.56   XLON           606192890956845532
 08:06:22          23      3.56   XLON           620266639792655978
 08:06:22          115     3.56   XLON           620266639792655979
 08:06:22          138     3.56   XLON           606192890956897819
 08:06:22          227     3.56   XLON           606192890956897820
 08:06:22          262     3.558  XLON           620266639792655980
 08:06:22          292     3.56   XLON           606192890956897818
 08:06:22          144     3.56   XLON           606192890956897824
 08:07:31          8       3.544  XLON           606192890956937213
 08:15:41          151     3.558  XLON           606192890957143167
 08:15:41          151     3.558  XLON           620266639792901465
 08:15:41          175     3.558  XLON           620266639792901464

 

This announcement does not constitute, or form part of, an offer or any
solicitation of an offer for securities in any jurisdiction.

 

Contacts

 The Watches of Switzerland Group
 Anders Romberg, CFO                                                             +44 (0) 207 317 4600
 Caroline Browne, Group Finance and Investor Relations Director                  +44 (0) 116 281 7420
 investor.relations@thewosgroup.com (mailto:investor.relations@thewosgroup.com)

 Headland
 Lucy Legh / Rob Walker / Scarlett Hateley                                       +44 (0) 203 805 4822
 wos@headlandconsultancy.com (mailto:wos@headlandconsultancy.com)

 

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