Share Buy Back Notes3 May 2018 09:43
The maximum price (excluding expenses) which may be paid for each ordinary share is the higher of:
(i) 105 per cent. of the average market value of an ordinary share in the Company for the five business days prior to the day the purchase is made; and
(ii) the value of an ordinary share calculated on the basis of the higher of the price quoted for:
(a) the last independent trade of; and
(b) the highest current independent bid for,
any number of the Company's ordinary shares on the trading venue where the purchase is carried out.