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Purchase of Own Securities

17th Aug 2011 07:00

RNS Number : 4813M
United Drug PLC
17 August 2011
 

 

 

UNITED DRUG PLC

('United Drug' or 'the Company')

 

Purchase of Own Securities

 

 

United Drug announces that on 16 August 2011, its broker Davy purchased 31,602 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 €2.1287 per share.

 

The 31,602 Ordinary Shares will be cancelled. Following the cancellation of these shares, the Company's issued share capital will reduce from 240,250,759. Each Ordinary Share carries one vote. United Drug also holds 7,528,066 Ordinary Shares in treasury, which do not carry voting rights. 

 

 

Ends 17 August 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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