27th Jul 2009 13:04
Tawa plc
27 July 2009
Tawa plc (the "Company" or "Tawa")
Share Buyback Programme
Using the authority given by shareholders at the AGM held on 18 June 2009, Tawa today announces that it will initiate a on- market share buyback programme through its broker KBC Peel Hunt following the publication of its interim results which are anticipated to be announced on 28 September 2009. The AGM authorisation allows for repurchase of up to 10% of the Company's issued share capital at a price not to exceed 127p per share. The objective of the buyback programme is to enhance the Company's NAV per share.
Any shares purchased will be held in treasury or may be cancelled.
Enquiries:
|
Gilles Erulin, Chief Executive Tawa plc |
020 7068 8044 |
|
James Britton or Guy Wiehahn KBC Peel Hunt (nominated adviser and broker) |
020 7418 8900 |
Related Shares:
ACH.L