19th Sep 2007 07:02
Inchcape PLC19 September 2007 19 September 2007 Inchcape plc ("Inchcape" or the "Company") Share buy-back Inchcape announces that on 18 September 2007 it purchased 300,000 of its 25pordinary shares at a price of 407.208 pence per share through DresdnerKleinwort. All of these shares will be held as Treasury shares. This purchaseequates to approximately 0.06 per cent. of the Company's total issued sharecapital. Following the purchase of these shares, Inchcape holds 18,180,606 of its sharesin Treasury and has 484,799,850 ordinary shares in issue (excluding treasuryshares). For further information, please contact: Group communications, Inchcape plc+44 (0) 7546 0022 Investor Relations, Inchcape plc+44 (0) 7546 8432 Financial Dynamics (Jonathon Brill / Billy Clegg)+44 (0) 7831 3113 Notes to editors Inchcape plc is the leading independent, international automotive retailer, withscale operations in Australia, Belgium, Greece, Hong Kong, Singapore and the UK. The Group also has operations in a number of other markets, including EasternEurope, the Baltics, Russia and South America. In addition to growing its corebusinesses, Inchcape is looking to develop scale operations in new and emergingregions. It represents leading automotive brands and operates either a retail,or a vertically integrated retail model (i.e. exclusive distribution andretail), depending on the market. Inchcape's core brand partners are Audi, BMW,Honda, Mazda, Mercedes-Benz, PAG, Subaru, Toyota/Lexus and Volkswagen. For further information, visit us at www.inchcape.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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