22nd Jan 2010 11:15
22 January 2010
Judges Scientific plc
("Judges Scientific" or the "Company")
Share Buyback Programme
Judges Scientific announces that it has put in place with immediate effect an irrevocable, non-discretionary share repurchase programme to purchase up to 300,000 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares"), being 7.4 per cent. of the Company's current ordinary issued share capital.
The programme will last from today up until the release of the Company's preliminary statement of results for the year ended 31 December 2009; or if later the date from which the Company is no longer in a close period and will be managed by Shore Capital Stockbrokers Limited, which will make its trading decisions in relation to the Company's securities independently of, and uninfluenced by, the Company.
The shares will be purchased on-market on the London Stock Exchange within certain pre-set parameters and in accordance with the terms of the general authority to make market purchases of its own shares granted to the Company by its shareholders on 22 May 2009. The purchased shares will either be held in treasury or cancelled.
Any purchase of shares made by Judges Scientific following commencement of the buyback programme will be notified to a Regulatory Information Service in accordance with the AIM Rules for Companies.
Judges Scientific confirms that it currently has no unpublished price sensitive information.
Enquiries:
For further information please contact:
David Cicurel, CEO, Judges Scientific: Tel: 01342 323 600
Pascal Keane, Shore Capital: Tel: 020 7408 4090
Melvyn Marckus, Cardew Group: Tel: 07775 896 491
Related Shares:
Judges Scientific