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Share buy-back programme

23 Sep 2013 16:00

RNS Number : 6810O
e2v technologies PLC
23 September 2013
 



 

 

 

 

Share buy-back programme

 

e2v technologies plc ('e2v' or the 'Company') announces that the Company has entered into an 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 Long Term Incentive Plan ('LTIP') awards, commencing on 23 September 2013 and continuing until the date of the Company's interim results expected to be 4 November 2013 or the quantity of shares to be purchased under the arrangement are purchased. The arrangement is in accordance with Chapter 12 of the UKLA Listing Rules and e2v's general authority to repurchase Ordinary Shares. The terms of the buy-back programme may only be amended by the Company when the Company is not in a close or prohibited period.

 

Further enquiries:

e2v technologies plc

Charlotte Parmenter, Company Secretary +44 (0) 1245 493493

 

About e2v

e2v is a leading global provider of specialist technology for high performance systems and equipment; delivering solutions, sub-systems and components for specialist applications within medical & science, aerospace & defence, and commercial & industrial markets.

e2v has its headquarters in the UK, employs approximately 1500 people, has design and production facilities across Europe and North America, and has a global network of sales and technical support offices. For the year ended 31 March 2013, e2v reported sales of GBP196.8m and is listed on the London Stock Exchange.

For more information visit e2v.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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POSLLFESAEIVFIV
Date   Source Headline
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