Pittards PLC Transaction in Own Shares (5853F)
19 July 2021 - 4:00PM
UK Regulatory
TIDMPTD
RNS Number : 5853F
Pittards PLC
19 July 2021
19 July 2021
Pittards plc
("Pittards", the "Group" or the "Company")
Purchase of own shares
Further to the announcement on 11 June which outlined the
Company's share buyback programme, Pittards plc (AIM: PTD), the AIM
listed manufacturer of specialty leather, announces that on 16 July
2021 it purchased 10,000 of its own ordinary shares of 50p each
("Ordinary Shares") at a price of 56.5 pence to be held as treasury
shares.
The Company now holds 964,210 Ordinary Shares in treasury, and
it is anticipated that these shares will principally be used to
settle LTIP obligations.
In accordance with the Disclosure and Transparency Rules (DTR
5.6.1R) the Company hereby notifies the market that immediately
following this purchase for treasury its issued share capital will
remain the same and consist of 13,888,690 Ordinary Shares of which
964,210 are held in Treasury. Therefore, the total number of voting
rights in the Company is 12,924,480. Shareholders may use this
figure as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a
change to their interest in, the Company under the FSA's Disclosure
and Transparency Rules.
For further information please contact:
Pittards plc
Stephen Yapp - Chairman
Reg Hankey - Chief Executive
Richard Briere - Chief Financial Officer 01527 830 630
WH Ireland (Nominated Adviser & Joint www.whirelandcb.com
Broker)
Mike Coe (Corporate Finance)
Jasper Berry (Corporate Broking) 0207 220 1666
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END
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