23rd Jul 2008 08:50
Motivcom plc
("the Company")
The board of Motivcom plc announces that, on 22 July 2008, the Company made an on market purchase of 1,980,000 ordinary shares of 0.5p ("Ordinary Shares") in the Company at an average price of 61.5p each. These shares will be held in Treasury by the Company until such time as they are used for:
i) cancellation;
ii) to satisfy the Company's obligations for employee share options or other share awards; or
iii) issuance to third parties in order to complete one or more transactions or other corporate purposes.
The Company now holds 1,980,000 Ordinary Shares in Treasury representing 6.4% of the total issued share capital. The total number of Ordinary Shares in issue (excluding those held in Treasury) amounts to 29,092,460 Ordinary Shares.
For further information please contact:
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Motivcom plc |
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Sue Hocken, Finance Director |
Tel: +44 (0)1908 352007 www.motivcom.com |
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Grant Thornton UK LLP |
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Philip Secrett/Daniela Amihood |
Tel: +44 (0)207 383 5100 www.gtuk.com |
Related Shares:
MCM.L