27th Apr 2007 17:30
Photo-Me International PLC27 April 2007 Photo-Me International PLC27 April 2007 Transactions in own shares Photo-Me International PLC (the "Company") announces that, following its recentprogramme of buying-back its own shares, it is commencing a non-discretionaryprogramme to purchase ordinary shares during its close period which commences on30 April 2007 and is scheduled to end on 30 June 2007 or such date as theCompany releases its Preliminary Announcement in respect of its results for theyear to 30 April 2007, if different. The purchased shares will be held astreasury shares. The buy back programme will be managed by an independent third party, whichmakes its trading decisions independently of, and uninfluenced by, the Company. Any acquisitions will be effected within certain pre-set parameters, and inaccordance with both the Company's general authority to repurchase shares andChapter 12 of the Listing Rules which requires that the maximum price paid belimited to no more than 5 per cent above the average market value for the sharesas derived from the London Stock Exchange Daily Official List for the fivebusiness days immediately prior to such purchase. The Company confirms that it currently has no unpublished price sensitiveinformation. Enquiries: Photo-Me International 01372 453 399Robert Lowes (Company Secretary) JPMorgan Cazenove Limited 020 7588 2828Malcolm Moir Bankside Consultants 020 7367 8851Charles Ponsonby 07789 202312 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
PHTM.L