27th Mar 2008 07:01
Chime Communications PLC27 March 2008 27 March 2008 Chime Communications plc ("Chime" or the "Company") Purchase of Own Shares Chime has purchased 500,000 ordinary shares of 5 pence each in the capital ofthe Company at a price of 27 pence per share, all of which are initially to beheld in treasury. These shares represent approximately 0.19 per cent. of Chime'scurrent issued ordinary share capital. Following the repurchase, 1,132,759 ordinary shares of 5 pence each arecurrently held by Chime in treasury and 265,242,443 ordinary shares of 5 penceeach (excluding shares held in treasury) are currently in issue. It is proposed that the shares repurchased will be transferred to the vendors ofVCCP Limited in partial satisfaction of the deferred consideration as referredto in the Company's preliminary results announcement of 11 March 2008. -ends-Enquiries to: For further information please contact: Lord Bell, Chairman Tel: 020 7861 8515Chime Communications plc Mark Smith, Finance Director Tel: 020 7861 8515Chime Communications plc This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CHW.L