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Transaction in Own Shares

31st May 2005 14:51

Topps Tiles PLC31 May 2005 Topps Tiles Plc (the 'Company') Acquisition of own shares The Company announces that, pursuant to its general authority granted byshareholders of the Company on 11 January 2005 to make market purchases of itsown shares, and pursuant to certain employees of the Company exercising 50,430options over Ordinary Shares under the Topps Tiles Plc approved and unapprovedExecutive Share Option Schemes, the Company made on market purchases of 50,430Ordinary Shares at 190 pence per Ordinary Share on 31 May 2005 (to be held astreasury shares). The Company now holds 2,053,020 Ordinary Shares in treasury and the total numberof Ordinary Shares in issue less the total number of Ordinary Shares held intreasury following the purchase and non-cancellation of such Ordinary Shares is226,045,005 Ordinary Shares. This notification is pursuant to the amendment ofthe Companies Act 1985 to allow companies to buy-back and hold certain types oftheir own shares 'in treasury'. 31 May 2005 Enquiries: Barry Bester - Chairman 01625 446 700Andrew Liggett - Finance Director 01625 446 700 This information is provided by RNS The company news service from the London Stock Exchange

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Topps Tiles
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Value8,833.39
Change23.65