15th Jan 2007 10:29
Savills PLC15 January 2007 Savills plc15 January 2007 Notice of Close Period Share Repurchase Programme Savills plc announces today that it will commence an irrevocable,non-discretionary programme to purchase ordinary shares of 2.5p each in theCompany for cancellation through Hoare Govett's affiliate, ABN AMRO Bank N.V.London Branch, during its close period which commenced on 14 January 2007 andends on the date of publication of Savills' preliminary results for the twelvemonths ended 30 December 2006, expected to be on 14 March 2007. Any acquisitions will be effected within certain pre-set parameters, and inaccordance with both Savills' general authority to repurchase shares and Chapter12 of the Listing Rules, which requires that the maximum price paid be limitedto no more than 105 per cent. of the average middle market closing price ofordinary shares for the five dealing days preceding the date of purchase. ENDS This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Savills