1 Jun 2026 07:00
1 June 2026
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Hill & Smith PLC ('Hill & Smith' or the 'Company')
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Update on Share Buyback Programme
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Hill & Smith today confirms the completion by Deutsche Bank AG (trading for these purposes as Deutsche Numis) of the first c.Β£50 million tranche of the Company's Β£100m share buyback programme announced on 13 August 2025 ('Programme'). The Company has repurchased and cancelled 2,141,741 ordinary shares since the commencement of the Programme.
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The Company has entered into an agreement with Jefferies International Limited to execute the second tranche of the Programme, with a maximum aggregate value of up to Β£50 million.
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Additionally, the Company also announces that it intends to make use of the FCA's updated notification deadline under UKLR 9.6.6R, which permits post-trade notifications of purchases of own shares to be made no later than the end of the seventh daily market session following the date of execution.
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The terms of the Programme remain unchanged other than as set out in this announcement.
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For further information, please contact:
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Karen Atterbury
Group Company Secretary Tel: +44 (0)121 704 7430
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