29 Nov 2011 14:41
29 November 2011
Best of the Best plc
("Best of the Best" or "the Company")
Exercise of Call Option
The Company has today exercised the call option in the Repurchase Agreement and has bought back 1,874,419 Ordinary Shares at a price of 63 pence per share.
The Company intends to cancel these Ordinary Shares along with 34,500 Ordinary Shares held in Treasury. As a consequence of such cancellation the issued share capital of the Company will be 9,372,100 Ordinary Shares. A further announcement will be made once the cancellation has been completed.
Terms used in this announcement shall have the meaning ascribed to them in the circular sent to Shareholders on 4 November 2011 unless otherwise stated.
Enquiries:
Best of the Best plc | William Hindmarch, Chief Executive Rupert Garton, Commercial Director | T: 020 7371 8866 |
Charles Stanley Securities Nominated Adviser | Mark Taylor/Luke Webster | T: 020 7149 6000 |
Please visit www.botb.com for further information