16th Apr 2008 10:21
Creston PLC16 April 2008 Creston plc Purchase of own shares Creston plc announces that on 15 April 2008, the Creston plc Employee BenefitTrust ("the EBT") purchased 1,349,549 ordinary shares of 10 pence each at aprice of 69.25 pence per share. This purchase, from the vendors of CML Research Limited, enables those vendorsto satisfy their obligations under the Sale and Purchase Agreement dated 3September 2004 with Creston plc. In accordance with that agreement they are topay Creston plc £0.9million. Both vendors have agreed new service agreementsplus three year incentive plans and are committed to the further development ofthe Creston qualitative research offering. The purchased shares will be held to satisfy obligations under the Creston plcLong Term Incentive Plan. Following the above purchase, Creston plc holds114,824 ordinary shares in treasury, 1,750,213 ordinary shares in the EBT andhas 55,646,414 ordinary shares in issue (excluding treasury shares). For further information, please contact: Creston plc 020 7930 9757 Don Elgie, Chief Executive Barrie Brien, COO & CFO www.creston.com Hogarth Partnership Limited 020 7357 9477 Chris Matthews Sarah Macleod This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Conduit Hldg