21st Jan 2009 07:02
21 January 2009
HUNTSWORTH PLC
("Huntsworth" or "the Company")
Share Buy-Back Programme
On 6 January 2009 Huntsworth commenced a share buy-back programme (the "Buy-Back Programme") to buy up to GBP5 million of the Company's shares.
On 23 March 2009, Huntsworth will announce its preliminary results for the year ended 31 December 2008. As the Company is therefore about to enter its close period, it has appointed Numis Securities Limited to lead manage an irrevocable programme during the close period (the "Close Period Buy-Back Programme") to buy-back up to 50,000 shares per day within certain pre-set parameters. The Close Period Buy-Back Programme will commence on 22 January 2009. The maximum price paid continues to be limited to no more than 105 per cent. of the average middle market closing price of Huntsworth's shares for the 5 dealing days preceding the date of purchase.
Any shares purchased in the Close Period Buy-Back Programme will count towards the Company's general buy-back authority of 14.99% of the Company's issue share capital, as approved at the Company's EGM on 30 December 2008.
Huntsworth confirms that it currently has no unpublished price sensitive information.
Enquiries
Huntsworth PLC
Sally Withey, Group Chief Operating Officer Tel: 44 (0)207 224 8778
Numis Securities Limited
Rupert Krefting/ Nick Westlake Tel: 44 (0)207 260 1000
Related Shares:
HNT.L