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35.36    1.12 (3.27%)
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Spread: 0.18 (0.51%)
Market Cap: £565.41m
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Treasury Share Purchase Programme

23 Sep 2020 08:00

RNS Number : 7848Z
Hays PLC
23 September 2020
 

FOR IMMEDIATE RELEASE

23 September 2020

 

Hays plc

Commencement of Treasury Share Purchase programme

Hays plc ("Hays" or the "Company") announces that a programme to purchase up to 10,000,000 ordinary shares of 1p will commence today (the "Treasury Share Purchase"). The Treasury Share Purchase will be made under the Company's existing authority and the shares purchased will be held in treasury and utilised to satisfy employee share-based award obligations over the next two years. This is in lieu of block listing new shares to satisfy these schemes, as per previous years.

The Company has entered into an agreement with UBS AG London to conduct the Treasury Share Purchase on its behalf during open periods. The Treasury Share Purchase will be conducted within the certain parameters including those prescribed by the Market Abuse Regulation 596/2014, the Commission Delegated Regulation (EU) 2016/1052 and Chapter 12 of the Listing Rules.

 

Enquiries:

Hays plc

Paul Venables Group Finance Director +44 (0) 20 3978 2520

David Phillips Head of Investor Relations +44 (0) 20 3978 3173

 

Finsbury Guy Lamming

Anjali Unnikrishnan hays@finsbury.com

 

LEI code: 213800QC8AWD4BO8TH08

 

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