Kingfisher PLC Share Repurchase Programme (1436M)
11 October 2016 - 1:00AM
UK Regulatory
TIDMKGF
RNS Number : 1436M
Kingfisher PLC
10 October 2016
Monday, 10 October 2016
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Kingfisher plc share repurchase programme
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Kingfisher plc (the "Company") announces that it has instructed
Barclays Capital Securities Limited in relation to an irrevocable
non-discretionary programme to purchase its shares for
cancellation, during the period which commences on 11 October 2016
and ends no later than 23 December 2016 (the "Programme").
The maximum amount allocated to the Programme will be no greater
than GBP40,000,000(1) . The purpose of the Programme is to reduce
the share capital of the Company.
Any acquisitions under the Programme will be effected within
certain pre-set parameters, and in accordance with the Company's
general authority to repurchase shares, the EU Market Abuse
Regulation (596/2014) and Chapter 12 of the Listing Rules. The
Company confirms that it currently has no unpublished price
sensitive information.
These arrangements form part of the Company's capital return
programme announced on 25 January 2016.
(1) The maximum number of shares to be purchased under the
Programme will be 228,060,245 shares (being the maximum number of
ordinary shares of 15 5/7 pence each that may be purchased under
the authority granted to the Company by shareholders at the
Company's Annual General Meeting on 15 June 2016) less any shares
purchased to date under this authority.
Enquiries:
Paul Moore, Group Company Secretary
Tel: 07887456498
Sarah Levy, Group Investor Relations Director
Tel: 020 7644 1029
Kingfisher plc
3 Sheldon Square, London W2 6PX
This information is provided by RNS
The company news service from the London Stock Exchange
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