19th Dec 2011 07:16
Share Buy-back Programme
e2v technologies plc ("e2v" or the "Company") announces that the Company has entered into an irrevocable and non-discretionary arrangement with its broker, Investec Bank plc, to repurchase on its behalf and within certain pre-set parameters, ordinary shares of 5 pence each in the capital of e2v ("Ordinary Shares"), to be held in treasury by the Company to fund LTIP awards, commencing on 19 December 2011 and continuing until either the arrangement is terminated or the quantity of shares to be purchased under the arrangement (up to 2 million Ordinary Shares) are purchased. This arrangement is in accordance with Chapter 12 of the UKLA Listing Rules and e2v's general authority to repurchase Ordinary Shares and the terms of the buy-back programme may only be amended by the Company when the Company is not in a prohibited period.
Enquiries:
Charlotte Parmenter, Company Secretary | +44 (0) 1245 493 493 |
e2v technologies plc |
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About e2v
e2v is a leading global provider of specialist technology for high performance systems and equipment; delivering solutions, sub-systems and components for specialist applications within medical & science, aerospace & defence, and commercial & industrial markets.
e2v has its headquarters in the UK, employs approximately 1500 people, has design and production facilities across Europe and North America, and has a global network of sales and technical support offices. For the year ended 31 March 2011, e2v reported sales of GBP229m and is listed on the London Stock Exchange.
For more information visit e2v.com
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Related Shares:
E2V.L