Saturday, 18 August 2018

Announcement

GENERAL: SCY: Smiths City announces share buyback facility

16 Jan 2018 08:30NZX
Smiths City announces share buyback facility

National furniture and appliance retailer Smiths City today announces it has
put in place a share buyback facility as part of its ongoing commitment to
ensure shareholders benefit from the group''s underlying performance
improvements.

The new facility gives Smiths City the option to buy back up to 5% of its
shares over the coming 12 months, but actual acquisitions are expected to be
considerably lower than that amount.

Read attachments for more detail

For more information:
Roy Campbell
Chief Executive
Tel: 03 983 3032
Mob: 027 223 9574
Email: roy.campbell@smithscity.co.nz
End CA:00313045 For:SCY    Type:GENERAL    Time:2018-01-16 08:30:07
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Smiths City Group
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