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Share repurchase programme

6th Aug 2019 07:15

RNS Number : 9675H
IWG PLC
06 August 2019
 

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.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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