25th May 2005 09:02
Maintel Holdings PLC25 May 2005 Maintel Holdings Plc (the 'Company') Acquisition of own shares The Company announces that, pursuant to its general authority granted byshareholders of the Company on 22 April 2005 to make market purchases of its ownshares, the Company made on market purchases of 248,000 Ordinary Shares at 112pence per Ordinary Share on 24 May 2005 (to be held as treasury shares). The Company now holds 420,000 Ordinary Shares in treasury and the total numberof Ordinary Shares in issue less the total number of Ordinary Shares held intreasury following the purchase and non-cancellation of such Ordinary Shares is13,096,800 Ordinary Shares. This notification is pursuant to the amendment ofthe Companies Act 1985 to allow companies to buy-back and hold certain types oftheir own shares 'in treasury'. 25 May 2005 Enquiries: Tim Mason - Chief Executive 020 7401 4601Dale Todd - Finance Director 020 7401 0562 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Maintel