# EDGAR Filing Document

**Accession Number:** 0001832433
**File Stem:** 0001832433-23-000022
**Filing Date:** 2023-3
**Character Count:** 15938
**Document Hash:** de06fdc73194f837679e04f746f60874
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001832433-23-000022.hdr.sgml**: 20230315

**ACCESSION NUMBER**: 0001832433-23-000022

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230315

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230315

**DATE AS OF CHANGE**: 20230315

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ferguson plc
- **CENTRAL INDEX KEY:** 0001832433
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-HARDWARE & PLUMBING & HEATING EQUIPMENT & SUPPLIES [5070]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** Y9
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40066
- **FILM NUMBER:** 23733238

**BUSINESS ADDRESS:**
- **STREET 1:** 1020 ESKDALE ROAD
- **STREET 2:** WINNERSH TRIANGLE
- **CITY:** WOKINGHAM
- **STATE:** X0
- **ZIP:** RG41 5TS
- **BUSINESS PHONE:** 44-118-927-3827

**MAIL ADDRESS:**
- **STREET 1:** 1020 ESKDALE ROAD
- **STREET 2:** WINNERSH TRIANGLE
- **CITY:** WOKINGHAM
- **STATE:** X0
- **ZIP:** RG41 5TS

?xml version="1.0" ? ferg-20230315

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)**

**of the Securities Exchange Act of 1934**

**Date of Report (Date of Earliest Event Reported): March 15, 2023**

**FERGUSON PLC** 

**(Exact Name of Registrant as Specified in its Charter)**

---

| | | |
|:---|:---|:---|
| **Jersey, Channel Islands** | **001-40066** | **98-1499339** |
| **(State or Other Jurisdiction<br>of Incorporation)** | **(Commission<br>File Number)** | **(IRS Employer<br>Identification Number)** |

---

---

| | |
|:---|:---|
| **1020 Eskdale Road, Winnersh Triangle, Wokingham,** <br>**Berkshire, United Kingdom** | **RG41 5TS** |
| **(Address of Principal Executive Offices)** | **(Zip Code)** |

---

**Registrant's Telephone Number, Including Area Code: +44 (0) 118 927 3800**

**Not Applicable**

**(Former Name or Former Address, if Changed Since Last Report.)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading<br>Symbol(s) | Name of each exchange<br>on which registered |
| Ordinary Shares of 10 pence | FERG | New York Stock Exchange |
| | | London Stock Exchange  |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

---

| | |
|:---|:---|
| **Item 8.01** | **Other Events.** |

---

On each of March 8, 2023 and March 14, 2023, Ferguson plc (the "Company") released a weekly report in connection with the Company's share repurchase program, which are filed as Exhibit 99.1 hereto.<br>On March 15, 2023, the Company released an announcement in connection with the Company's share repurchase program, which is filed as Exhibit 99.2 hereto.<br>

---

| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.** |

---

(d) Exhibits

---

| | |
|:---|:---|
| **<u>Exhibit<br> No.</u>** | **<u>Description</u>** |
| 99.1 | <u>[Transaction in Own Shares announcements in the period to March 14, 2023](exhibit991sbbreports3-83x1.htm)</u> |
| 99.2 | <u>[Announcement dated](exhibit992sharebuybackprog.htm)[March 15, 2023](exhibit992sharebuybackprog.htm)[titled "Share repurchase program"](exhibit992sharebuybackprog.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

------

**SIGNATURES** 

---

| | | | |
|:---|:---|:---|:---|
| Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. | Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. | Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. | Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. |
|  |  | **Ferguson plc**<br>(Registrant) | **Ferguson plc**<br>(Registrant) |
| Date: | March 15, 2023 | By: | /s/ Katherine McCormick |
|  |  | Name: | Katherine McCormick |
|  |  | Title: | Company Secretary |

---

## Exhibit 99.1

**Exhibit 99.1**

March 8, 2023

**Ferguson Share Repurchase Program - Weekly Report**

<u>Ferguson plc</u> (NYSE: FERG, LSE: FERG) (the "**Company**") announces today that it purchased a total of 73,231 of its ordinary shares in the period from February 27, 2023, up to and including March 3, 2023, in connection with its $2.5 billion share repurchase program.

**Aggregated information about the purchases carried out during this period**

---

| | | | |
|:---|:---|:---|:---|
| **Trading day** | **Aggregate daily volume (in number of shares)** | **Daily weighted average purchase price of the shares** | **Trading venue** |
| February 27, 2023 | 6865 | 11952.0881 | XLON |
| February 28, 2023 | 20967 | 11923.7743 | XLON |
| March 1, 2023 | 27516 | 11920.0000 | XLON |
| March 2, 2023 | 4199 | 11955.6617 | XLON |
| March 3, 2023 | 13684 | 12030.0000 | XLON |

---

The Company intends to hold these shares in treasury. Following the purchase of these shares (including those purchased but not yet settled), the number of shares held by the Company in treasury will be 26,116,518.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 206,054,664. The figure of 206,054,664 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018, and the Commission Delegated Regulation (EU) 2016/1052, detailed information about the individual purchases is attached to this announcement.

**http://www.rns-pdf.londonstockexchange.com/rns/1281S_1-2023-3-7.pdf**

**For further information please contact:**

Brian Lantz, Vice President IR and Communications &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +1 224 285 2410

Pete Kennedy, Director of Investor Relations &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +1 757 603 0111

------

March 14, 2023

**Ferguson Share Repurchase Program - Weekly Report**

<u>Ferguson plc</u> (NYSE: FERG, LSE: FERG) (the "**Company**") announces today that it purchased a total of 300,864 of its ordinary shares in the period from March 6, 2023, up to and including March 10, 2023, in connection with its $2.5 billion share repurchase program.

**Aggregated information about the purchases carried out during this period**

---

| | | | |
|:---|:---|:---|:---|
| **Trading day** | **Aggregate daily volume (in number of shares)** | **Daily weighted average purchase price of the shares** | **Trading venue** |
| March 6, 2023 | 12072 | 11997.3016 | XLON |
| March 7, 2023 | 4711 | 11615.0000 | AQXE |
| March 7, 2023 | 22330 | 11615.0000 | BATE |
| March 7, 2023 | 20315 | 11615.0000 | CHIX |
| March 7, 2023 | 54084 | 11615.0000 | XLON |
| March 7, 2023 | 6611 | 11615.0000 | TRQX |
| March 8, 2023 | 19651 | 11739.5970 | XLON |
| March 9, 2023 | 32100 | 11685.0000 | XLON |
| March 10, 2023 | 7999 | 11325.0000 | AQXE |
| March 10, 2023 | 27423 | 11325.0000 | BATE |
| March 10, 2023 | 25324 | 11325.0000 | CHIX |
| March 10, 2023 | 57292 | 11325.0000 | XLON |
| March 10, 2023 | 10952 | 11325.0000 | TRQX |

---

The Company intends to hold these shares in treasury. Following the purchase of these shares (including those purchased but not yet settled), the number of shares held by the Company in treasury will be 26,417,382.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 205,753,800. The figure of 205,753,800 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018, and the Commission Delegated Regulation (EU) 2016/1052, detailed information about the individual purchases is attached to this announcement.

**http://www.rns-pdf.londonstockexchange.com/rns/7806S_1-2023-3-13.pdf**

**For further information please contact:**

Brian Lantz, Vice President IR and Communications &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +1 224 285 2410

Pete Kennedy, Director of Investor Relations &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +1 757 603 0111

## Exhibit 99.2

**Exhibit 99.2**

**March 15, 2023**

**FERGUSON PLC**

**Share repurchase program**

<br> Ferguson plc (the "**Company**") announces that, in continuation of its $2.5 billion share repurchase program (the "**Program**"), it has entered into an irrevocable and non-discretionary arrangement with its brokers Barclays Capital Securities Limited and Barclays Capital Inc. (together, "**Barclays**") commencing from March 15, 2023 and ending no later than June 15, 2023. Under this arrangement, Barclays, an independent third party, will act as principal and will make decisions under the program independently from the Company.

The maximum pecuniary amount allocated to this tranche of the Program is £160 million. The value of shares repurchased by the Company under the Program pursuant to the various arrangements entered into with its brokers will not, in aggregate, exceed US$2,500 million.

The Company's shareholders generally authorized the Company to purchase up to a maximum of 20,845,062 of its ordinary shares at its Annual General Meeting held on November 30, 2022. Pursuant to such authority, the Company intends to continue purchasing shares under the Program. The aggregate number of shares acquired under such authority by the Company pursuant to the Program shall not exceed the maximum number of shares which the Company is authorized to purchase pursuant to such general authority. It is intended that any shares repurchased under the Program will be transferred into treasury.

The purpose of the Program is to reduce the capital of the Company. To the extent required, the Company may in the future use the repurchased shares to satisfy share awards. Any purchases of shares by the Company in relation to this tranche of the Program will be carried out on the London Stock Exchange and/or the New York Stock Exchange (in accordance with the terms of the arrangement entered into with Barclays) and in accordance with (and subject to the limits prescribed by) the Company's general authority to repurchase shares granted by its shareholders, the Market Abuse Regulation 596/2014 (as it forms part of UK law pursuant to the European Union (Withdrawal) Act 2018), Rule 10b5-1 and Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended.

**For further information please contact**

**Ferguson plc**

Brian Lantz, Vice President IR and Communications Mobile: +1 224 285 2410 <br> Pete Kennedy, Director of Investor Relations Mobile: +1 757 603 0111

**Media Inquiries**

John Pappas, Director of Financial Communications Mobile: +1 484 790 2727

------

**About Ferguson plc**

Ferguson plc (NYSE: FERG; LSE: FERG) is a leading value-added distributor in North America providing expertise, solutions and products from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more. We exist to make our customers' complex projects simple, successful and sustainable. Ferguson is headquartered in the U.K., with its operations and associates solely focused on North America and managed from Newport News, Virginia. For more information, please visit <u>http://www.corporate.ferguson.com</u> or follow us on LinkedIn <u>https://www.linkedin.com/company/ferguson-enterprises</u>.

**Cautionary note regarding forward-looking statements**

Certain information in this announcement is forward-looking within the meaning of the United States Private Securities Litigation Reform Act of 1995, including with relation to our share repurchase program and its purpose and timetable. Forward-looking statements cover all matters which are not historical facts and speak only as of the date on which they are made. Forward-looking statements can be identified by the use of forward-looking terminology such as "will," "intend," or other variations or comparable terminology. Many factors could cause actual results to differ materially from those in such forward-looking statements, including, but not limited to: risks associated with the relocation of our primary listing to the US and any volatility in our share price and shareholder base in connection therewith; weakness in the economy, market trends, uncertainty and other conditions in the markets in which we operate, and other factors beyond our control, including any macroeconomic or other consequences of the current conflict in Ukraine; failure to rapidly identify or effectively respond to direct and/or end customers' wants, expectations or trends, including costs and potential problems associated with new or upgraded information technology systems; adverse impacts caused by the COVID-19 pandemic (or related variants); unsuccessful execution of our operational strategies; and the risks and uncertainties set forth under the heading "Risk Factors" in our Form 10-K filed with the Securities and Exchange Commission ("SEC") on September 27, 2022 and in our Form 10-Q filed with the SEC on March 8, 2023, and in other documents we furnish to or file with the SEC in the future. Forward-looking statements regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Other than in accordance with our legal or regulatory obligations we undertake no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

<br>