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Purchase of Own Securities

8th Jul 2011 07:00

RNS Number : 0177K
United Drug PLC
08 July 2011
 

 

 

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

 

 

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