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Repurchase of own shares

15th Dec 2015 07:00

RNS Number : 0367J
IBEX Global Solutions plc
15 December 2015
 

15 December 2015

IBEX Global Solutions plc

("IBEX", "Company" or "the Group")

Repurchase of own shares

IBEX Global Solutions plc announces that, in accordance with the terms of the general authority to make market purchases of its own shares granted to it by shareholders of the Company on 20 November 2015, and the announcement made by the Company on 24 August 2015 to extend the period for making purchases of its own shares until such time as the Board shall choose to terminate for a total up to $1 million, the Company acquired for cash in the market on 14 December 2015 1,000 ordinary shares in the capital of the Company ("Shares") at a price of 110.025 pence per Share and 1,000 Shares at a price of 110.00 pence per Share. The acquired Shares will be held in treasury.

Following this transaction, the Company will hold 27,082 ordinary shares in treasury.

The number of ordinary shares in issue is 39,554,400; therefore the number of ordinary shares in issue less purchased shares held in treasury will be 39,527,318 and the total number of voting rights in the Company is 39,527,318.

The Company will be making additional purchases of its own shares in line with the above general authority where the Board considers that it is appropriate to do so.

For further information, please visit www.ibexglobal.com or contact:

IBEX Global Solutions plc

Robert T. Dechant, CEO

Karl Gabel, CFO

 

Tel: +44 800 043 4239

Liberum Capital Limited

Nominated Adviser and Joint Broker

Steve Pearce

Richard Bootle

Joshua Hughes

 

Tel: +44 20 3100 2000

Cenkos Securities PLC

Joint Broker

Liz Bowman

Camilla Hume

 

Tel: +44 20 7397 8900

Tavistock Communications

Matt Ridsdale

Andrew Dunn

 

Tel: +44 20 7920 3150

 

About IBEX

IBEX is a leading global provider of business process outsourcing services. Headquartered in Washington, DC and listed on the London Stock Exchange (AIM: IBEX), IBEX maintains a global workforce of over 10,000 serving more than 70 leading corporations with complex, enterprise-scale outsourcing solutions. With operational presence in the United States, the Philippines, Pakistan, Senegal, and United Kingdom, IBEX delivers a multi-language and multi-cultural service capability focused on innovation and adding intellectual value.

 

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