Domino's Pizza Group PLC Share Repurchase Programme (9639F)
November 10 2022 - 2:06AM
UK Regulatory
TIDMDOM
RNS Number : 9639F
Domino's Pizza Group PLC
10 November 2022
LEI: 213800Q6ZKHAOV48JL75
10 November 2022
DOMINO'S PIZZA GROUP PLC
SHARE REPURCHASE PROGRAMME
Domino's Pizza Group plc (the "Company") announces that from
today until 28 February 2023 it will commence a programme to
purchase up to GBP20 million of the Company's ordinary shares of
25/48 pence each (the "Ordinary Shares") (the "Programme").
The purpose of the Programme is to reduce the Company's share
capital and accordingly the Company intends to cancel the Ordinary
Shares purchased under the Programme.
Any purchases will be conducted in compliance with the relevant
conditions for trading, restrictions regarding time and volume,
disclosure and reporting obligations, and price conditions. The
Company confirms that it currently has no unpublished Inside
Information.
The Programme will be conducted by the Company in accordance
with and under the terms of the general authority granted by the
Company's shareholders at the Company's Annual General Meeting on 5
May 20 22, which authority will expire at the end of the next
Annual General Meeting of the Company in 2023 or, if earlier, at
the close of business on 5 August 2023 ("2022 Authority"). The
Company has appointed its broker Numis Securities Limited ("Numis")
to manage the Programme and has issued an irrevocable instruction
to Numis to continue to manage the Programme, within pre-set
parameters, during any closed period. The Programme will be carried
out on the London Stock Exchange and other trading venues(1) and
executed within the parameters of the Market Abuse Regulation
596/2014/EU and the Commission Delegated Regulation 2016/1052/EU
(as in force in the UK from time to time, including where relevant
pursuant to the Market Abuse (Amendment)(EU Exit) Regulations 2019)
and Chapter 12 of the Financial Conduct Authority's Listing
Rules.
The aggregate maximum consideration payable by the Company in
respect of the purchase of shares under the Programme up to 31
March 2023 is GBP 20 million. The maximum number of shares that may
be purchased under the Programme is 29,929,915 (being the number of
shares able to be purchased under the 2022 Authority less share
repurchases already made under the 2022 Authority).
(1) Turquoise, Chi-X Europe and BATS Trading Europe .
For further information, please contact:
For Domino's Pizza Group plc:
Investor Relations
Will MacLaren, Head of Investor Relations +44 (0) 7443 192
118
Media:
Tim Danaher, Samantha Chiene - Brunswick +44 (0) 207 404
5959
About Domino's Pizza Group
Domino's Pizza Group plc is the UK's leading pizza brand and a
major player in the Irish market. We hold the master franchise
agreement to own, operate and franchise Domino's stores in the UK
and the Republic of Ireland, and have associate investments in
Germany and Luxembourg.
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END
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