27th Dec 2007 09:30
Inchcape PLC27 December 2007 27 December 2007 INCHCAPE PLC ("Inchcape" or the "Company") NOTICE OF CLOSE PERIOD SHARE REPURCHASE PROGRAMME This announcement replaces the announcement of 21 December 2007, in which thedates of Inchcape's close period were incorrectly stated. Inchcape announces today that it will commence an irrevocable, non-discretionaryprogramme through Dresdner Kleinwort to purchase ordinary shares of 25p each inthe Company on its own behalf during its close period which commences on 1January 2008 and ends on the publication of Inchcape's Preliminary results on 26February 2008. Any acquisitions will be effected within certain pre-set parameters, and inaccordance with both Inchcape's general authority to repurchase shares andChapter 12 of the Listing Rules, which requires that the maximum price paid belimited to no more than 105 per cent of the average middle market closing priceof Inchcape's Ordinary Shares for the five dealing days preceding the date ofpurchase. For further information, please contact: Group Communications, Inchcape plc+44 (0) 20 7546 0022 Investor Relations, Inchcape plc+44 (0) 20 7546 8432 Financial Dynamics (Jonathon Brill/Billy Clegg)+44 (0) 20 7831 3113 Notes to editors Inchcape plc Inchcape plc is the leading independent, international automotive retailer, withscale operations in Australia, Belgium, Greece, Hong Kong, Singapore and the UK.The Group also has operations in a number of other markets, including EasternEurope, the Baltics, Russia and South America. In addition to growing its corebusinesses, Inchcape is looking to develop scale operations in new and emergingregions. It represents leading automotive brands and operates either a retail,or a vertically integrated retail model (i.e. exclusive distribution andretail), depending on the market. Inchcape's current key manufacturer partnersare Toyota/Lexus, Subaru, BMW, Mazda, Mercedes-Benz, Volkswagen, Audi and Honda. For further information, visit us at www.inchcape.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Inchcape