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Share Buy-Back

25th Feb 2016 09:25

RNS Number : 1399Q
Servoca PLC
25 February 2016
 

Servoca plc

("Servoca" or "the Group")

Share Buy-Back

Servoca, the AIM listed specialist outsourcing and recruitment solutions provider, announces that on 19 February 2016 it bought back 40,800 shares of 1p each in the Group ("Ordinary Shares") at a price of 24.50 pence per Ordinary Share and on 24 February 2016 it bought back 41,000 Ordinary Shares at a price of 24.35 pence per Ordinary Share (together "the Purchases"). These Purchases were in accordance with the terms of its general authority to make market purchases of its own shares granted to it by shareholders of the Company and a share buyback agreement the Group entered into with finnCap on 6 January 2016. These shares will be held in treasury, and in total there are now 1,244,976 Ordinary Shares in treasury

 

The Company advises that, following the Purchase, the Company's issued ordinary share capital remains unchanged. The total number of Ordinary Shares with voting rights is now 124,330,977. This figure represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 

Enquiries

Servoca

Andy ChurchGlenn Swaby

 

020 7747 3030

finnCap

Geoff NashGrant BergmanMalar Velaigam (Broking)

 

020 7220 0500

Newgate Threadneedle

Robyn McConnachie

 

020 7653 9850

 

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