6th Aug 2019 07:15
IWG plc
Share repurchase programme
Further to the interim results announcement earlier today, in which IWG plc ("IWG" or the "Company") announced its intention to commence a £100 million share buy-back programme, IWG announces that the Company has today entered into an irrevocable arrangement with Investec Bank plc, to repurchase on its behalf and within certain pre-set parameters, ordinary shares in IWG for treasury, during the period from and including 6 August 2019 to and including 5 August 2020. The arrangement is split equally between a non-discretionary and discretionary mandate. This arrangement is in accordance with Chapter 12 of the UKLA Listing Rules and IWG's general authority to repurchase shares.
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IWG