30th Jun 2009 14:50
HUNTSWORTH PLC ("Huntsworth" or "the Company") Share Buy-Back Programme On 6 January 2009 Huntsworth commenced a share buy-back programme (the "Buy-Back Programme") to buy up to GBP5 million of the Company's shares. On 27 August 2009, Huntsworth will announce its interim results for the six months ended 30 June 2009. As the Company is therefore about to enter its close period, it has appointed Numis Securities Limited to lead manage an irrevocable programme during the close period (the "Close Period Buy-Back Programme") to buy-back up to 87,000 shares per day within certain pre-set parameters. The Close Period Buy-Back Programme will commence on 1 July 2009. The maximum price paid is limited to no more than the higher of 105 per cent. of the average middle market closing price of Huntsworth's shares for the 5 dealing days preceding the date of purchase and that stipulated by Article 5 (1) of the Buy-back and Stabilisation Regulation. Any shares purchased in the Close Period Buy-Back Programme will count towards the Company's general buy-back authority of 14.99% of the Company's issue share capital, as approved at the Company's EGM on 30 December 2008. Huntsworth confirms that it currently has no unpublished price sensitive information.
Enquiries:
|
Huntsworth PLC Sally Withey, Group Chief Operating Officer |
Tel: 44 (0)207 224 8778 |
|
Numis Securities Limited Rupert Krefting / Alex Ham |
Tel: 44 (0)207 260 1000 |
Related Shares:
HNT.L