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Pin to quick picksWatches Switz Regulatory News (WOSG)

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Market Cap: £1.67b
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Transaction in Own Shares

15 Apr 2025 07:00

RNS Number : 9886E
Watches of Switzerland Group PLC
15 April 2025
 

REPURCHASE RESULT ANNOUNCEMENT

 

Watches of Switzerland Group PLC ("WoSG")

Transaction in own shares

 

Watches of Switzerland Group PLC (the "Company" or "WoSG") announces that on 14 April 2025 it purchased the following number of its ordinary shares of £0.0125 each from Barclays Capital Securities Limited on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 3 September 2024 (the "Purchase"). The Purchase was effected pursuant to instructions under the £25 million share repurchase programme announced on 10 March 2025 (the "Programme").

 

Date of purchase:

14 April 2025

Aggregate number of ordinary shares purchased:

2,557

Highest price paid per share:

3.5600

Lowest price paid per share:

3.5440

Average price paid per share:

3.5594

 

WoSG intends to cancel the purchased shares.

Following the above transaction, WoSG holds nil ordinary shares in treasury and has 237,318,311 ordinary shares in issue (excluding treasury shares).

 

Therefore, the total number of voting rights in the Company will be 237,318,311 and this figure may be used by shareholders as the denominator when determining whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Since the commencement of the Programme, the Company has repurchased 2,251,986 ordinary shares in aggregate at a weighted average price of 412.98 pence per share.

 

 

The tables below contains detailed information about the purchases made as part of the Programme.

 

Schedule of purchases

 

Issuer name: Watches of Switzerland Group PLC

 

ISIN: GB00BJDQQ870

 

Intermediary name: Barclays Capital Securities Limited

Intermediary Code: BARCGBN1

Currency: GBP

 

Aggregate information:

 

 

Venue

Volume-

weighted average price

Aggregated volume

Lowest price per share

Highest price per share

London Stock Exchange

3.5594

2,557

3.5440

3.5600

 

Individual Transactions:

 

Transaction Time

Volume

Price

Platform Code

Transaction reference number

08:04:43

84

3.56

XLON

606192890956845531

08:04:43

211

3.56

XLON

620266639792603855

08:04:43

390

3.56

XLON

620266639792603856

08:04:43

186

3.56

XLON

606192890956845532

08:06:22

23

3.56

XLON

620266639792655978

08:06:22

115

3.56

XLON

620266639792655979

08:06:22

138

3.56

XLON

606192890956897819

08:06:22

227

3.56

XLON

606192890956897820

08:06:22

262

3.558

XLON

620266639792655980

08:06:22

292

3.56

XLON

606192890956897818

08:06:22

144

3.56

XLON

606192890956897824

08:07:31

8

3.544

XLON

606192890956937213

08:15:41

151

3.558

XLON

606192890957143167

08:15:41

151

3.558

XLON

620266639792901465

08:15:41

175

3.558

XLON

620266639792901464

 

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction. 

 

Contacts

The Watches of Switzerland Group

 

Anders Romberg, CFO

+44 (0) 207 317 4600

Caroline Browne, Group Finance and Investor Relations Director

+44 (0) 116 281 7420

investor.relations@thewosgroup.com

 

 

 

Headland

 

Lucy Legh / Rob Walker / Scarlett Hateley

+44 (0) 203 805 4822

wos@headlandconsultancy.com

 

 

 

 

 

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