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Statement re Berkeley Jacobs

19th Sep 2005 14:55

IFG Group PLC19 September 2005 IFG Group plc19 September 2005 As part of the contractual arrangements with the Vendors of Berkeley JacobsFinancial Services Limited the Vendors were issued with 911,226 ordinary sharesin IFG Group plc that were subject to a buy back option in certaincircumstances. As part of the settlement of litigation between the parties it has been agreedthat IFG shall exercise the option to acquire these shares for a totalconsideration of €3. These shares will be held as Treasury Shares and represent 1.40% of the totalissued share capital of the Company. This information is provided by RNS The company news service from the London Stock Exchange

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