29th Sep 2006 17:03
GUS PLC29 September 2006 GUS plc Transaction in own securities - further In an announcement made earlier today under RNS Number 6679J, GUS indicated that8,919,934 treasury shares had been cancelled on 28 September 2006. This numbershould in fact have read 8,919,334 treasury shares. The number of shares inissue after this transaction should have read 875,521,288 rather than875,520,688. All other details remain unchanged but, for completeness, thecorrected text of the announcement is shown below: "GUS plc, the retail and business services group, announces that yesterday ittransferred 7,111,066 ordinary shares of 29 3/43 pence each, which werepreviously held as treasury shares, to the GUS ESOP Trust, for no consideration,in anticipation of the separation of Experian and the Home Retail Group. It alsocancelled the remaining 8,919,334 treasury shares. The transfer was made inorder to facilitate the exercise of certain GUS share awards following thedemerger. Following this transaction, GUS plc will cease to hold any of its ordinaryshares in treasury and will have 875,521,288 ordinary shares in issue, of which15,349,500 will be held in the GUS ESOP Trust. These transactions will have noimpact on either the shareholders' funds of the company or its earnings pershare, since both treasury shares and ESOP Trust shares are accounted for as ifthey had been cancelled." This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Gusbourne