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Purchase of Own Shares

22nd Mar 2017 07:30

RNS Number : 1416A
Sportech PLC
22 March 2017
 

22 March 2017

 

Sportech PLC

("Sportech" or the "Company")

Purchase of Own Shares

 

In accordance with Listing Rule 12.4.6R, the Company announces that, in connection with the Tender Offer (the results of which were announced on 21 March 2017), on 21 March 2017 the Company purchased 20,623,804 Ordinary Shares at a Tender Price of £1.015 per Ordinary Share. These 20,623,804 Ordinary Shares have been purchased for cancellation. In accordance with DTR 5.6, this resulted in a decrease of the total number of Ordinary Shares in issue with voting rights in Sportech to 185,614,244.

Capitalised terms used in this announcement have the same meaning as ascribed to them in the shareholder Circular published by the Company on 10 March 2017 in connection with the Tender Offer.

For further information please contact:

Sportech PLC

020 7268 2400

Ian Penrose, Chief Executive

Mickey Kalifa, Chief Financial Officer

Brunswick Group 

020 7404 5959

Mike Smith

[email protected]

Stuart Donnelly 

Investec Bank plc

020 7597 5970

Patrick Robb

Henry Reast

 

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