23rd Oct 2015 16:44
23 October 2015
Brady plc ("Brady" or the "Group")
Transaction in own shares
Brady, the leading global provider of trading, processing and risk management solutions for metals, recycling, energy and soft commodities, announces that it has purchased 160,000 ordinary shares at a price of 80.1 pence each in the Company on 23 October 2015. These shares are to be cancelled.
For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, following the share buyback, the total number of ordinary shares in issue as at the date of this notice is 83,132,887 with 4,306 shares held in treasury.
Therefore the figure of 83,128,581 may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.
For further information please contact:
Brady plc Gavin Lavelle, Chief Executive Officer Martin Thorneycroft, Finance Director | Telephone: +44(0)1223 479479 |
Cenkos Securities plc Ivonne Cantu (Nomad) Oliver Baxendale (Sales)
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Telephone: +44 (0)20 7397 8900 |
Redleaf Communications Charlie Geller/Joey Brown | Telephone: +44 (0)20 7382 4730
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About Brady
Brady plc (BRY.L) is the largest European-headquartered provider of trading and risk management software to the global commodity and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined, unrefined and scrap metals, soft commodities and agriculturals.
Brady has 30 years' expertise in the commodity markets with some 300 customers worldwide, who depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest financial institutions, trading companies, miners, refiners and producers, recycling companies, scrap processors, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers.
For further information visit: www.bradyplc.com
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