25th Jul 2006 07:01
Accident Exchange Group PLC25 July 2006 FOR IMMEDIATE RELEASE 25 July 2006 Accident Exchange Group Plc ("the Company") TRANSACTION IN OWN SHARES Further to the resolution passed at the Company's AGM on 20 July 2006, Accident Exchange Group Plc has acquired 12,514,500 of its own unlisted deferred shares of five pence each for a total sum in aggregate of £1.00. These shares had nil value and had been created in April 2004 in connection withthe capital restructuring undertaken alongside the Company's IPO which was effected by means of a reverse take-over. Ends Contacts: Accident Exchange Group PlcMartin Andrews, Group Finance Director 08700-053 649 BanksideSteve Liebmann or Simon Bloomfield 020-7367-8888 About Accident Exchange Based in Coleshill, West Midlands, Accident Exchange delivers accident management and other solutions to automotive and insurance related sectors. Quoted on AIM, the stock code is LSE: ACE. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ACE.L