Purchase of shares by Employee Benefit Trust
DFS Furniture PLC has announced the completion of a share purchase by its Employee Benefit Trust, which acquired 1,594,929 ordinary shares at an average price of £1.28, funded by a £5.8 million gift from the Company. Following this transaction, the Trust now holds 4,486,163 ordinary shares, representing 1.9% of the Company's issued share capital of 236,000,000 ordinary shares. These shares are designated for satisfying employee share options and restricted share releases, including those for Persons Discharging Managerial Responsibility.
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Further to the announcement of 1 April 2026, DFS Furniture PLC (the "Company") has been notified that the DFS Furniture PLC Employee Benefit Trust (the "EBT") has completed the purchase of 1,594,929 ordinary shares of £0.10 each at an average price of £1.28, funded by a £5.8m gift from the Company.
Following the completion of the purchase, the EBT holds 4,486,163 ordinary shares in the Company, representing 1.9% of the Company's issued share capital.
These shares will be used to satisfy the exercise of share options by employees or the release of restricted shares, including to Persons Discharging Managerial Responsibility (PDMRs) of the Company.
The Company's issued share capital consists of 236,000,000 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.