Fuller, Smith & Turner PLC: Share Buyback Programme (1685051)

Fuller, Smith & Turner PLC (FSTA) 
Fuller, Smith & Turner PLC: Share Buyback Programme 
21-Jul-2023 / 07:00 GMT/BST 
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THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER FOR SALE OF ANY SECURITIES OR AN 
OFFER OR INVITATION TO PURCHASE ANY SECURITIES IN ANY JURISDICTION OR A SOLICITATION OF ANY VOTE OR APPROVAL. 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (DIRECTLY OR INDIRECTLY) IN WHOLE OR IN PART IN, INTO OR FROM ANY 
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. 
Fuller, Smith & Turner P.L.C. ("the Company") 
Share Buyback Programme 
As announced on 20 July 2023, the Board decided that following the strong start to the current financial year, it would 
initiate a share buyback programme to repurchase up to 1 million A shares. This is consistent with the Company's 
capital allocation framework and reflects the Board's view that the current share price represents a significant 
discount to the Company's underlying net asset value. 
The Company has today entered into an arrangement with Numis Securities Limited ("Numis") to repurchase up to 1 million 
'A' ordinary shares of 40 pence each in the Company ("Ordinary Shares") (the "Programme"). 
The share purchases will be made on the Company's behalf and in accordance with the arrangement and, in the case of any 
purchases made during closed periods and/or at any time when the Company has inside information, shall be made 
independently of and uninfluenced by the Company. 
Any purchase of Ordinary Shares effected pursuant to this Programme will be carried out on the London Stock Exchange 
and executed in accordance with, and subject to limits prescribed by, the Listing Rules and in accordance with the 
authorisation granted to the Board by shareholders at the Annual General Meeting of the Company held on 20 July 2023. 
Due to the limited liquidity in the issued Ordinary Shares, any buyback of Ordinary Shares pursuant to the authority on 
any trading day may represent a significant proportion of the daily trading volume in the Ordinary Shares on the London 
Stock Exchange and may exceed 25 per cent. of the average daily trading volume, being the limit laid down in Article 5 
(1) of Regulation (EU) No 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018) 
and the Commission Delegated Regulation (EU) 2016/1052 (as incorporated into UK domestic law by the European Union 
(Withdrawal) Act 2018) dealing with buyback programmes and, accordingly, the Company will not benefit from the 
exemption contained in that Article. 
Any market purchase of 'A' Ordinary Shares under the Programme will be announced no later than 7:30 a.m. on the 
business day following the day on which the purchase occurred. 
Enquiries: 
Rachel Spencer 
Company Secretary 
020 8996 2073 
21 July 2023 
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Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
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ISIN:           GB00B1YPC344 
Category Code:  POS 
TIDM:           FSTA 
LEI Code:       213800C7ACOFMRCQQW76 
OAM Categories: 2.4. Acquisition or disposal of the issuer's own shares 
Sequence No.:   259161 
EQS News ID:    1685051 
 
End of Announcement  EQS News Service 
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July 21, 2023 02:00 ET (06:00 GMT)

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