Share buyback - management of the programme
Extended share buyback programme tranche of £15m with Peel Hunt; closed period management confirmed.
- Total buyback programme £130m
- Extended tranche £15m
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Vistry Group PLC (the "Group" or the "Company") refers to the announcement published on 12 September 2024, in which the Board of the Group confirmed the launch of a £130million share buyback programme (the "Programme"), in line with the Group's capital allocation policy.
The Company has extended its discretionary arrangement with Peel Hunt LLP ("Peel Hunt") for the next tranche of the Programme. Peel Hunt will continue to act as principal in relation to the purchase of Ordinary Shares of the Company up to a further aggregate purchase price of £15million (excluding stamp duty and expenses). All Ordinary Shares purchased will be cancelled.
Further, the Company has issued an irrevocable instruction to Peel Hunt to manage the Programme, within pre-set parameters, during the closed period, ahead of the publication of the Group's 2025 Full Year Results, expected to be published on 4 March 2026.
For further details on the Programme, please refer to the announcement issued on 12 September 2024.
| For further information please contact: Vistry Group PLC Tim Lawlor, Chief Financial Officer Kate Moy, Group Investor Relations Director FTI Consulting Richard Mountain | 020 3048 3393 020 3727 1340 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.