10th May 2012 15:35
Press Release | 10 May 2012 |
Motivcom plc
("Motivcom" or "the Company")
Transaction in Own Shares
Motivcom plc (AIM:MCM), a leading business services group offering marketing communications, events, motivation and incentive expertise to major blue-chip corporate clients, announces that, today, the Company made an on market purchase of 100,000 ordinary shares of 0.5p ("Ordinary Shares") in the Company at an average price of 90.0p each. These shares will be held in Treasury by the Company until such time as they are used for:
i) cancellation;
ii) to satisfy the Company's obligations for employee share options or other share awards; or
iii) issuance to third parties in order to complete one or more transactions or other corporate purposes.
The Company now holds 1,833,510 Ordinary Shares in Treasury representing 5.9% of the total issued share capital. The total number of Ordinary Shares in issue (excluding those held in Treasury) amounts to 29,270,331 Ordinary Shares.
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For further information:
Motivcom | |
Sue Hocken | Tel: +44 (0) 845 053 5529 |
www.motivcom.com |
Grant Thornton Corporate Finance | |
Philip Secrett / Daniela Amihood | Tel: +44 (0)207 383 5100 |
www.gtuk.com |
Related Shares:
MCM.L