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13 Sep 2012 16:49
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13 September 2012
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e2v technologies plc ("e2v" or the "Company")
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Share Buy-back Programme Update
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Further to its announcement of 19 December 2011, the Company announces that it has reviewed the terms of the irrevocable and non-discretionary arrangement with its broker, Investec Bank plc, to repurchase on its behalf and within certain pre-set parameters, ordinary shares of 5 pence each in the capital of e2v ("Ordinary Shares"), to be held in treasury by the Company to fund option awards due under the Company's share schemes. This review has refreshed the parameters of the arrangement in line with the current market. It is confirmed that this refresh has occurred in an open period and that the arrangement continues to operate in accordance with Chapter 12 of the UKLA Listing Rules and e2v's general authority to repurchase Ordinary Shares. This arrangement will continue until either the arrangement is terminated or the quantity of shares to be purchased under the arrangement (up to 2 million Ordinary Shares) are purchased.
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Further enquiries:
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e2v technologies plc | ||
Charlotte Parmenter, Company Secretary | Tel: +44 (0)1245 493 493 |
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