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46.10 0.30 (0.66%)

Bid:

46.10

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46.50

Spread: 0.40 (0.868%)

Market Cap: £136.32m

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Share Buyback Programme Update

30 Jun 2022 07:00

RNS Number : 7259Q

Foxtons Group PLC

30 June 2022

FOXTONS GROUP PLC (the "Company" or "Foxtons")

SHARE BUYBACK PROGRAMME - MANAGEMENT OF THE PROGRAMME WITHIN THE CLOSED PERIOD

30 June 2022

Foxtons Group plc (LSE: FOXT), London's leading estate agency, today issues an update on the share buyback programme to return excess capital to shareholders.

Share buyback programme

Foxtons Group plc refers to the announcement published on 8 March 2022, in which the Company confirmed the launch of a share buyback programme (the "Programme") of up to £3 million, in line with the Company's policy of returning excess cash to shareholders.

The Group has today issued an irrevocable instruction to Numis Securities Limited to continue to manage the Programme, within pre-set parameters, during the closed period ahead of the publication of the Group's Half Year results on 28 July 2022.

To date, the Programme has seen 2,539,850 shares purchased, at a total value of £879,416.82.

For further details on the Programme, please refer to the announcement issued on 8 March 2022.

For further information, please contact:

Foxtons Group plc

Chris Hough, Chief Financial Officer

Muhammad Patel, Investor Relations

+44 20 7893 6261

investor@foxtonsgroup.co.uk

-END-

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