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6 Dec 2023 16:24
For immediate release | 6 December 2023 |
ScS Group plc
("ScS" the "Group" or the "Company")
Total Voting Rights and Share Capital
For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules ("DGTRs"), the Company's issued share capital as at 6 December 2023 consisted of 33,954,674 Ordinary Shares.
The total voting rights in the company as at 6 December 2023 is 33,900,677. This excludes 53,997 Ordinary Shares held by the Group for the benefit of its Employee Benefit Trust, the voting rights to which have been waived. This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Group under the FCA's Disclosure and Transparency Rules.
ENDS
Enquiries:
ScS Group plc Steve Carson, Chief Executive Officer Mark Fleetwood, Chief Financial Officer Chris Muir, Executive Director | c/o Buchanan +44 (0)20 7466 5000 |
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Shore Capital - Financial Adviser & Broker to ScS Group PLC Patrick Castle James Thomas Iain Sexton Ben Canning | Tel: +44 (0)207 408 4050 |
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Buchanan Richard Oldworth Toto Berger Verity Parker | Tel: +44 (0)20 7466 5000 scs@buchanan.uk.com |
Notes to Editors
ScS is one of the UK's largest retailers of sofas, flooring and furniture. We trade as two separate brands- the core ScS brand and the newly acquired Snug brand.
The ScS brand seeks to offer value and choice through a wide range of sofas, flooring and furniture products. The product range is designed to appeal to a broad customer base with a mid-market priced offering and is currently traded from 100 stores. The brand specialises primarily in fabric and leather sofas and chairs, selling a range of branded products which are not sold under registered trademarks and a range of branded products which are sold under registered trademarks owned by ScS (such as Endurance, Inspire and SiSi Italia). It also offers a range of third party brands (which include La-Z-Boy, Ideal Home and G Plan). The flooring business includes carpets, rugs, wood, laminate and luxury vinyl tiling.
Snug is an innovative digital-first sofa and sofa-bed business specialising in modular and re-configurable sofas, with quick delivery and excellent quality and customer service. Although predominantly online, Snug also operates from three stores in Leeds, Bristol and Westfield London, and 23 concessions throughout the UK.
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