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Purchase of Own Securities

26th May 2011 07:00

RNS Number : 3049H
United Drug PLC
26 May 2011
 

 

 

UNITED DRUG PLC

('United Drug' or 'the Company')

 

Purchase of Own Securities

 

 

United Drug announces that on 25 May 2011 its broker Davy purchased 72,545 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 €2.3019 per share.

 

The 72,545 Ordinary Shares will be cancelled. Following the cancellation of these shares, the Company's issued share capital will reduce from 243,034,317 to 242,961,772. Each Ordinary Share carries one vote. United Drug also holds 7,528,066 Ordinary Shares in treasury, which do not carry voting rights. 

 

Ends 26 May 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
 
 
POSUVANRAOAVUAR

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