27th Jun 2006 07:00
William Hill PLC27 June 2006 RNS Announcement William Hill PLC Repurchases of Shares in Close Period William Hill PLC ("William Hill" or the "Company") announces that the Companyhas entered into an irrevocable arrangement with its broker, Citigroup GlobalMarket U.K. Equity Limited ("Citigroup"), to repurchase on its behalf and withincertain pre-set parameters, ordinary shares in William Hill commencing on 28June 2006 (the "transaction"). The sole purpose of the transaction is to reducethe capital of the Company. Citigroup has been granted the authority torepurchase up to a maximum of 4.0 million shares provided that the aggregatepurchase price of the shares shall not in any event exceed £20 million. Theauthority expires on 28 July 2006. This arrangement is in accordance withChapter 12 of the Listing Rules and William Hill's general authority torepurchase up to 37,509,606 shares. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
WMH.L