2nd Apr 2013 15:04
DAILY MAIL & GENERAL TRUST PLC - Transaction in Own SharesDAILY MAIL & GENERAL TRUST PLC - Transaction in Own Shares
PR Newswire
London, April 2
DMGT ("the Company") announces that it is to commence through Credit SuisseSecurities (Europe) Ltd, an irrevocable, non-discretionary programme topurchase shares on its own behalf, to be held in treasury, during its closeperiod which commences on 3 April 2013 and ends at 7am on 23 May 2013 with therelease of the Company's Half Year Results.
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 105 per cent of the average middle market closing priceof the Company's shares for the 5 dealing days preceding the date of purchase.The Company confirms that it currently has no unpublished price sensitiveinformation.
These arrangements form part of the Company's share buy-back programmeannounced on 22 November 2012 and in accordance with the authority granted byshareholders at the Company's Annual General Meeting on 6 February 2013.
Name and contact number for queries:
Claire Chapman, DMGT General Counsel & Company Secretary: 0203 615 2653
Daily Mail and General Trust plc Northcliffe House 2 Derry Street London W8 5TT www.dmgt.com Registered in England and Wales No. 184594Related Shares:
DMGT.L