Transaction in Own Shares and Grant of Options

Likewise Group PLC

13 August 2024

 

13 August 2024

Likewise Group plc

("Likewise", the "Company", or the "Group")

Transaction in Own Shares and Grant of Options under the SAYE Scheme

Transaction in Own Shares

Likewise Group plc (AIM: LIKE), the fast growing UK floor coverings distributor, announces that on 12 August 2024 it purchased 29,451 ordinary shares of £0.01 each in the Company (the "Repurchased Shares"), pursuant to the share buyback programme (the "Buyback Programme") that was announced on 16 July 2024, as follows (together the "Transaction"):

Date of purchase	12 August 2024
Number of ordinary shares purchased	29,451
Highest price paid per ordinary share	19.18 pence
Lowest price paid per ordinary share	19.18 pence
Volume weighted average price paid per ordinary share	19.18 pence

Following the Transaction, the issued share capital of the Company remains unchanged at 245,583,480 and the Company now holds 289,806 shares in treasury. The total voting rights in the Company is now 245,293,674 which 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, Likewise under the FCA's Disclosure Guidance and Transparency Rules.                                                               

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme.

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by the Company, which were all executed through the Company's broker, Zeus Capital Limited, are set out below:     

Schedule of Purchases:
Shares purchased:	Likewise Group plc (ISIN: GB00BHNWH003)
Date of purchases:	12 August 2024
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
29,451	19.18	London Stock Exchange
Individual transactions:
Volume	Price	Time
29,451	19.1800 pence	11:06 UK

Grant of Options under the SAYE scheme

Further to the announcement dated 27 June 2024, an administrative error by the Company's registrars resulted in 74,798 options granted to one individual under the five-year SAYE scheme being missed.

Accordingly, total options granted across the 119 employees was over a total of 8,237,413 (and not 8,162,615) Likewise ordinary shares under its employee Save As You Earn ("SAYE") share option scheme, of which 5,940,435 vest in three years' time and 2,296,978 vest in five years' time.

For further information, please contact:
Likewise Group plc Tony Brewer, Chief Executive	Tel: [phone]
Zeus (Nominated Adviser and Joint Broker) Jordan Warburton / David Foreman / James Edis (Investment Banking) Dominic King / Fraser Marshall (Corporate Broking)	Tel: [phone]
Ravenscroft (Joint Broker) Semelia Hamon (Corporate Finance)	Tel: [phone]
Novella Communications (Financial PR) Claire de Groot / Tim Robertson	Tel: [phone]

 

END