⌘K
t
On 1 April 2026, DFS Furniture PLC announced its Employee Benefit Trust (EBT) completed the purchase of 1,300,000 ordinary shares of £0.10 each. The Group also gifted £5.8m to Ocorian Limited (the Trustee) for the EBT to acquire a further 3,500,000 ordinary shares. The EBT currently holds 3,389,630 ordinary shares, representing 1.4% of the Company's issued capital.
| Date | 1 Apr 2026 |
| Time | 15:06:36 |
| Category | Corporate updates |
| ID | 1215Z |
1 April 2026
DFS Furniture plc
Completion of purchase of shares and intended purchase of shares by the Employee Benefit Trust
Completion of purchase of shares by Employee Benefit Trust
Further to the announcement on 8 December 2025, DFS Furniture PLC (the "Company") has been notified that the DFS Furniture PLC Employee Benefit Trust (the "EBT") completed the purchase of 1,300,000 ordinary shares of £0.10 each in the capital of the Company ("Ordinary Shares").
Intended purchase of shares by Employee Benefit Trust
In accordance with the Group's internal policy to meet anticipated obligations over the next 12 months under the Company's All Employee Share Scheme, long term incentive plans and restricted share plans, the Group has gifted £5.8m to Ocorian Limited (the "Trustee") through recycling employee contributions from its recent successful Save As You Earn all employee scheme and an additional cash contribution.
The Trustee will use these funds to acquire a further 3,500,000 ordinary shares in the Company (the 'Market Purchases') for the EBT. The shares will be used to satisfy the exercise of share options by employees or the release of restricted shares, including to Persons Discharging Managerial Responsibility (PDMRs) of the Company.
We will provide an update on a monthly basis to state the number of shares.
Current Employee Benefit Trust share holding
The EBT currently holds 3,389,630 ordinary shares in the Company representing 1.4% of the Company's issued capital.
We will provide further updates of the EBT shareholdings on a monthly basis.
Enquiries:
Liz McDonald (Group Company Secretary)
Phil Hutchinson (Investor Relations)
investor.relations@dfs.co.uk
About DFS Furniture plc
The Group is the clear market-leading retailer of upholstered furniture in the United Kingdom. Our Group purpose is to bring great design and comfort into every living room, in an affordable, responsible and sustainable manner. We operate an integrated physical and digital retail network of living room furniture showrooms and web sites in the United Kingdom and Republic of Ireland, trading through our leading brands, DFS and Sofology. We attract customers through our targeted and national marketing activities and our reputation for high quality innovative products and services, breadth of product offer and favourable consumer financing options. We fulfill orders for our exclusive product ranges through our own UK finished goods factories, and through manufacturing partners located in the UK, Europe and Far East, and delivered with care through our expert final-mile delivery service 'The Sofa Delivery Company Limited'.