Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Transaction in Own Shares

10th May 2012 15:35

RNS Number : 1094D
Motivcom PLC
10 May 2012
 



 

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.

 

- Ends -

 

For further information:

Motivcom

Sue Hocken

Tel: +44 (0) 845 053 5529

[email protected]

www.motivcom.com

 

Grant Thornton Corporate Finance

Philip Secrett / Daniela Amihood

Tel: +44 (0)207 383 5100

[email protected]

www.gtuk.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
POSFMGMKDGDGZZM

Related Shares:

MCM.L
FTSE 100 Latest
Value8,275.66
Change0.00