21st Dec 2007 10:17
Inchcape PLC21 December 2007 INCHCAPE PLC NOTICE OF CLOSE PERIOD SHARE REPURCHASE PROGRAMME Inchcape, ("Inchcape" or the "Company"), announces today that it will commencean irrevocable, non-discretionary programme through Dresdner Kleinwort topurchase ordinary shares of 25p each in the Company on its own behalf during itsclose period which commences on 1 January 2007 and ends on the publication ofInchcape's Preliminary results on 26 February 2007. 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 theUK. The Group also has operations in a number of other markets, includingEastern Europe, the Baltics, Russia and South America. In addition to growingits core businesses, Inchcape is looking to develop scale operations in new andemerging regions. It represents leading automotive brands and operates either aretail, 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:
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