REG - Wickes Group PLC - Notification of Share Buyback Programme

WickesAnnouncement

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RNS Number : 4975Z  Wickes Group PLC  07 April 2026

 

Wickes Group Plc ("Wickes" or the "Company")

Notification of Share Buyback Programme

Pursuant to the release of its Full Year results on 17 March 2026, Wickes is
pleased to announce the commencement of a third share buyback programme (the
"2026 Programme").

The 2026 programme will be for a maximum aggregate market value equivalent to
£10,000,000 (excluding any associated costs and stamp duty) which will be
bought back in the form of the Company's ordinary shares.

The 2026 Programme will commence on 7 April 2026 and will end on or before 31
December 2026. The sole purpose of the 2026 Programme is to reduce the
Company's share capital. The Company intends to cancel any shares purchased.

The Company has entered into non-discretionary instructions with Investec Bank
plc ("Investec") to conduct the 2026 Programme.  Investec will act as
principal and make trading decisions independently of the Company.

The 2026 Programme will take place within the limitations of the authority
granted to the Board of the Company by its relevant annual general meeting
(the "AGM") which at the date of this announcement is 16,502,960 ordinary
shares. The maximum aggregate number of shares to be purchased will be updated
to reflect the authority granted to the Board at the 2026 AGM to be held on 19
May 2026.

The 2026 Programme will take place in accordance with the Market Abuse
Regulation (596/2014) as it forms part of domestic law by virtue of section 3
of the European Union (Withdrawal) Act 2018 (as amended) and the Financial
Conduct Authority's Listing Rules.

For further information please contact:

Holly Grainger

Director of Investor Relations

+44 (0) 7341 680426

holly.grainger@wickes.co.uk

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