Domino's Pizza Group PLC Share Repurchase Programme (4079Z)
December 15 2017 - 1:00AM
UK Regulatory
TIDMDOM
RNS Number : 4079Z
Domino's Pizza Group PLC
15 December 2017
LEI: 213800Q6ZKHAOV48JL75
DOMINO'S PIZZA GROUP PLC
SHARE REPURCHASE PROGRAMME
Domino's Pizza Group plc (the "Company") announces that from
today until 8 March 2018 it will commence an irrevocable,
discretionary 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Company confirms that it currently has no unpublished Inside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
20 April 2017, which authority will expire at the end of the next
Annual General Meeting of the Company in 2018 or, if earlier, at
the close of business on 20 July 2018 ("2017 Authority"), Chapter
12 of the Listing Rules and the provisions of the Market Abuse
Regulation 596/2014/EU dealing with buy-back programmes.
The aggregate maximum consideration payable by the Company in
respect of the purchase of shares under the Programme up to 8 March
2018 is GBP20 million. The maximum number of shares that may be
purchased under the Programme is 44,526,635 (being the number of
shares able to be purchased under the 2017 Authority, less shares
purchased to date under the 2017 authority).
Enquiries:
For Domino's Pizza Group plc:
Peregrine Riviere
07909 907193
Maitland:
James Devas
020 7379 5151
Notes to Editors:
Domino's Pizza Group plc is the leading player in the
fast-growing pizza market holding the exclusive master franchise to
own, operate and franchise Domino's Pizza stores in the UK,
Republic of Ireland, Switzerland, Liechtenstein and Luxembourg.
Additionally it owns a strategic stake in the largest pizza
delivery business in Germany and a controlling interest in the
holders of the Domino's master franchises in Iceland, Norway and
Sweden. The first UK store opened in Luton in 1985 and the first
Irish store opened in 1991.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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