21st Dec 2007 10:30
Morgan Crucible Co PLC21 December 2007 Morgan Crucible Company plc - Transactions in Own Shares Morgan Crucible Company plc (the "Company") announces that it has commenced anon-discretionary programme to purchase ordinary shares for cancellation from 21December 2007 and is scheduled to end on 18 February 2008 when the Companyexpects to announce its preliminary results. 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 The Company confirms that it currently has no unpublished price sensitiveinformation.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 The Morgan Crucible Company plc 01753 837 000Paul Boulton END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Morgan Advanced Materials