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Treasury Stock

24th Mar 2014 13:38

RNS Number : 0204D
Development Securities PLC
24 March 2014
 

24 March 2014

 

Transfer of Shares held in Treasury

 

Development Securities PLC ("the Company") announces that on 21 March 2014 it transferred to a participant in the Company's employee SAYE scheme 4,605 ordinary shares for the exercise of options under the SAYE 2005 scheme at a price of 152 pence per share. The shares were all formerly held as treasury shares. The Company has received the proceeds of £6,999.60 in cash.

 

Following the above transfer of shares out of treasury, the Company holds a total of 118,792 of its ordinary shares in treasury. The total number of ordinary shares in issue (excluding shares held in treasury) is 122,233,712.

 

Development Securities PLC

For further information, please contact:

Helen Ratsey

Company Secretary

020 7828 4777

 

 

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