Share buy back

RNS Number : 1788J

Foxtons Group PLC

16 December 2015

 

FOXTONS GROUP PLC

Share buy back

16 December 2015

The Board of Foxtons Group plc ("Foxtons") announces its intention to utilise part of its general authority to make on-market purchases of Foxtons ordinary shares in line with the Company's policy of returning excess cash to shareholders. The proposed share buy back will be funded from accumulated cash resources and will have no impact on any future ordinary and special dividend payments.

Share purchases will be effected on behalf of Foxtons by its brokers, Credit Suisse and Numis, and will commence from today in accordance with Foxtons' general authority to purchase ordinary shares granted by its shareholders at the Foxtons' 2015 Annual General Meeting and in accordance with all relevant regulatory requirements.

For further information, please contact:

Tulchan Communications LLP

Peter Hewer

[phone]

 

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