Purchase of own shares

RNS Number : 4757B

DFS Furniture plc

16 June 2016

 

16 June 2016                                                                                    For immediate release

DFS Furniture plc

Purchase of own shares

DFS Furniture plc ("DFS" or the "Company") announces that on 16 June 2016, it purchased for treasury 45,000 ordinary shares of 150p each at an average price of 287.43 pence per share.

The highest price paid was 290.20p and lowest price paid was 279.10p.

The purchased shares will be held in treasury with the expectation that they will be utilised to satisfy employee share based award obligations as and when required.

In accordance with Disclosure and Transparency Rule 5.6.1A, following this purchase, there are 395,000 shares held in treasury and the total number of voting rights in DFS is 212,635,601 ordinary shares of 150p each.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, DFS under the FCA's Disclosure and Transparency Rules.

Enquiries:                 

DFS (enquiries via FTI Consulting)                           

Ian Filby (CEO)

Bill Barnes (Finance Director)

Mike Schmidt (Director of Corporate Affairs)                         [e-mail] 

Paul Walker (Company Secretary)

FTI Consulting                                             

Jonathon Brill                                                                          [phone]

Georgina Goodhew                                                                 [e-mail]

Tom Hufton                

About DFS Furniture plc

DFS is the clear market leading retailer of upholstered furniture in the United Kingdom.  We design, manufacture, sell and deliver to our customers an extensive range of upholstered furniture products.  The business operates a retail network of upholstered furniture stores in the United Kingdom and Europe, together with an online channel.  These have been established and developed gradually over more than 45 years of operating history.  We attract customers to our stores and website through our substantial and continued investment in nationwide marketing activities and our reputation for high quality products and service, breadth of product ranges and price points and best-in-class consumer financing options.

 

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