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Initial Purchase Offer and Cancellation of B Share

28th May 2014 08:15

RNS Number : 1753I
Aggreko PLC
28 May 2014
 



Aggreko PLCReturn of Cash: Initial Purchase Offer and Cancellation of B Shares

28 May 2014

Return of Cash: Initial Purchase Offer and Cancellation of B Shares

The terms of the Return of Cash approved by Shareholders on 24 April 2014 enabled Shareholders to sell some or all of their B Shares at 75 pence per B Share, free of all dealing expenses and commissions, through the Initial Purchase Offer made by Aggreko plc ("Aggreko"). Elections to accept the Initial Purchase Offer were received in respect of 78,845,471 B Shares, representing approximately 29.30 per cent. of the B Shares. These B Shares have been purchased by Aggreko from the Shareholders for an amount equal to 75 pence per B Share. These B Shares have today been cancelled by Aggreko.

Following the cancellation of these B Shares, Aggreko has 1,989,357 B Shares remaining in issue, representing approximately 0.74 per cent. of the B Shares arising pursuant to the Return of Cash.

Terms defined in the Circular to Shareholders dated 14 March 2014 have the same meaning when used in this announcement.

For further information, please contact:

Peter KennerleyCompany SecretaryTelephone: 0141 225 5900

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520511599

This information is provided by RNS
The company news service from the London Stock Exchange
 
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