8th Jul 2011 07:00
UNITED DRUG PLC
('United Drug' or 'the Company')
Purchase of Own Securities
United Drug announces that on 7 July 2011, its broker Davy purchased 102,776 Ordinary Shares of nominal value €0.05 each in the capital of the Company ("Ordinary Shares") on behalf of the Company. The price paid for these Ordinary Shares was €2.395 per share.
The 102,776 Ordinary Shares will be cancelled. Following the cancellation of these shares, the Company's issued share capital will reduce from 241,505,681 to 241,449,205*. Each Ordinary Share carries one vote. United Drug also holds 7,528,066 Ordinary Shares in treasury, which do not carry voting rights.
* The issued share capital of the Company of 241,449,205 includes the issue on 7 July 2011 of 46,300 Ordinary Shares pursuant to the exercise of share options by an employee.
Ends 8 July 2011
Contact:
Karen Geoghegan
United Drug plc
Tel: +353-1-4637720
Related Shares:
UDG.L