28th Jan 2008 11:25
Nationwide Accident Repair Srvs PLC28 January 2008 28 January 2008 Nationwide Accident Repair Services PLC ('Nationwide' or 'the Company') Purchase of own shares On 25 January 2008, the Company purchased 450,000 of its own ordinary shares of12.5 pence each ('Shares') at a price of 115p per share. The Shares acquired areto be cancelled. This purchase was made under the authority approved by shareholders at theCompany's AGM in May 2007 to make market purchases of up to 10 per cent. of theCompany's issued ordinary share capital at a price no more than 105 per cent. of the average mid market price for the 5 business days preceding the purchase. The number of Shares with voting rights in issue following this transaction is43,197,220. Therefore the total number of voting rights in the Company is43,197,220 which number may be used by shareholders as the denominator for thecalculations by which they will determine if they are required to notify theirinterest in, or a change in their interest in, the Company under the FSA'sDisclosure and Transparency Rules. END Enquiries: Nationwide Accident Michael Wilmshurst, T: 01993 701 720Repair Services plc Chief Executive David Loftus, Finance Director Arbuthnot Securities James Steel T: 020 7012 2000 or Alasdair Younie Biddicks Katie Tzouliadis T: 020 7448 1000 About NationwideNationwide provides automotive crash repair and accident administration servicesto the UK insurance industry. With a network of 69 accident repair centreslocated across England, Scotland and Wales employing over 2,100 people, it isthe largest dedicated provider of accident repair services in the UK. TheGroup's customer base includes insurance companies such as Royal & Sun Alliance,Norwich Union, Equity Red Star and Zurich and fleet operators such as DHL. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
NARS.L