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Purchase of Shares by EBT

12th Aug 2009 15:32

RNS Number : 3432X
BowLeven Plc
12 August 2009
 



12 August 2009

Bowleven plc ("Bowleven" or the "Company")

EMPLOYEE BENEFIT TRUST

Bowleven plc (the "Company") announces that on 12 August 2009 Osiris Trustees Limited, as trustee of the Bowleven plc Employee Benefit Trust (the "EBT"), purchased 658,374 ordinary shares of 10 pence each in the capital of the Company ("Shares") at a price of 90.5 pence per Share.

Immediately following the above transaction, the EBT holds 658,374 Shares, representing approximately 0.34% of the Company's issued share capital of 192,973,318. It is anticipated that all such Shares held by the EBT will ultimately be used to satisfy awards and options granted under the Company's various share incentive arrangements.

ENQUIRIES 

For further information please contact:

Bowleven plc 

Kevin Hart, Chief Executive

00 44 131 524 5678

Brunswick Group LLP

Patrick Handley

00 44 207 404 5959

Deborah Spencer

00 44 207 404 5959

RBS Hoare Govett

Andrew Foster

00 44 207 678 8000

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