17th May 2010 10:00
For immediate release 17 May 2010
Brady plc
("Brady" or the "Company")
Share Buy-back
Further to the approval of the proposed grant of authority to buy back shares, as passed at the Company's Annual General Meeting on 29 April 2010, Brady announces that on 14 May 2010 it purchased 55,000 Brady plc ordinary shares all at 61p.
The shares purchased will be held in treasury, and the total number of ordinary shares held in treasury is 55,000.
Brady's capital consists of 28,535,182 ordinary shares with voting rights. Therefore, the total number of voting rights in Brady is 28,535,182.
For further information please contact:
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Brady plc Gavin Lavelle, Chief Executive Officer Tony Ratcliffe, Finance Director |
Telephone: +44(0)1223 479479 |
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Cenkos Securities Limited Camilla Hume / Alex Aylen
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Telephone: +44 (0)20 7397 8900 |
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Buchanan Communications Tim Thompson / Nicola Cronk |
Telephone: +44 (0)20 7466 5000
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About Brady
Brady plc (BRY.L) is a leading global provider of trading and risk management software to the global commodity markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for refined, unrefined metals, softs and energy. Brady has more than 20 years of expertise in the commodity markets with over 100 customers worldwide, including some of the largest financial institutions, producers and mining corporations that depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest miners, refiners and producers, trading companies, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members. For further information visit: www.bradyplc.com
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