18th Apr 2016 07:00
18 April 2016
Journey Group plc
("Journey Group" or the "Company")
Transaction in own shares
Journey Group announces that on 15 April 2016, in accordance with its continuing share buy-back programme, as approved at the Company's general meeting on 21 December 2015, it purchased a total of 164,815 ordinary shares to be transferred into treasury, at a price of 190p per Ordinary Share (the "Repurchase"). The Repurchase was carried out through N+1 Singer.
As part of the Repurchase, Harwood Capital LLP has sold a sufficient number of ordinary shares such that its aggregate holding remains less than 30 per cent. of the reduced share capital of the Company carrying voting rights.
Following the Repurchase, the Company has a total of 13,798,642 ordinary shares in issue, of which 1,952,763 ordinary shares are held in treasury. Therefore the issued share capital of the Company carrying voting rights is 11,845,879, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information please contact:
Stephen Yapp
Alison Whittenbury
Journey Group plc
Tel: +44 (0) 20 8606 1300
N+1 Singer (Nominated Adviser & Broker)
Nic Hellyer
Alex Price
Lauren Kettle
Tel: +44 (0) 20 7496 3000
Related Shares:
JNY.L