12th Jul 2011 07:00
UNITED DRUG PLC
('United Drug' or 'the Company')
Purchase of Own Securities
United Drug announces that on 11 July 2011, its broker Davy purchased 100,000 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 €2.3916 per share.
The 100,000 Ordinary Shares will be cancelled. Following the cancellation of these shares, the Company's issued share capital will reduce from 241,398,183 to 241,333,183*. 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 241,333,183 includes the issue on 11 July 2011 of 35,000 Ordinary Shares pursuant to the exercise of share options by an employee.
Ends 12 July 2011
Contact:
Karen Geoghegan
United Drug plc
Tel: +353-1-4637720
Related Shares:
UDG.L