Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGWIK.L Regulatory News (GWIK)

  • There is currently no data for GWIK

Share Buy-Back Programme

8 Feb 2011 07:00

RNS Number : 8466A
Treveria PLC
08 February 2011
 



08 February 2011

 

Treveria plc ("Treveria" or "the Company")

 

Share Buy-Back Programme

 

At the Company's last annual general meeting on 4 June 2010 ("the AGM"), Treveria shareholders granted the Company a general buy-back authority of up to 14.99% of the Company's issued share capital.

 

The Company is about to go into a close period due to its final results for the year ended 31 December 2010. These results will be published on 12 April 2011. The Company has appointed Singer Capital Markets Limited to manage an irrevocable programme during the close period (the "Close Period Buy-Back Programme") to buy-back ordinary shares within certain pre-set parameters. The Close Period Buy-Back Programme will commence today and will run up to the date of announcement of Treveria's final results for the year ended 31 December 2010, unless completed earlier.

 

The maximum potential cash outflow from the Company under the Close Period Buy-Back Programme will be €5.28 million. This is based upon the maximum number of shares to be purchased at the maximum price per ordinary share. The Close Period Buy-Back Programme is also restricted by the parameters of the Company's general buy-back authority which includes, inter alia, that the maximum price paid per share shall be no more than the 105 per cent. of the average middle market closing price of Treveria's shares as derived from the Daily Official List of the London Stock Exchange for the 5 dealing days immediately preceding the date of purchase.

 

Any shares purchased in the Close Period Buy-Back Programme will count towards the Company's general buy-back authority of 14.99% of the Company's issued share capital, as approved at the Company's AGM.

 

Treveria confirms that it currently has no unpublished price sensitive information.

 

Enquiries:

 

Enquiries:

 

Treveria

Bernhard Fuhrmann

 

+49 (0) 69 2475 31998

Financial Dynamics

Richard Sunderland / Laurence Jones

 

+44 (0) 20 7831 3113

Singer Capital Markets Limited

James Maxwell / Nick Donovan

+44 (0) 20 3205 7500

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
POSGLGDDDBGBGBI
Date   Source Headline
23rd Mar 20107:00 amRNSAppointment
19th Mar 201010:32 amRNSNOTIFICATION OF MAJOR INTEREST IN SHARES
18th Mar 20104:40 pmRNSSecond Price Monitoring Extn
18th Mar 20104:35 pmRNSPrice Monitoring Extension
9th Feb 20103:09 pmRNSManagement changes
2nd Feb 20104:35 pmRNSPrice Monitoring Extension
2nd Feb 20107:00 amRNSTrading Statement
28th Jan 201011:22 amRNSAllotment of shares
25th Jan 20104:40 pmRNSSecond Price Monitoring Extn
25th Jan 20104:35 pmRNSPrice Monitoring Extension
20th Jan 20104:40 pmRNSResult of EGM
18th Jan 201011:03 amRNSDirectorate Change
12th Jan 201012:47 pmRNSDividend, Financing and Management Update
11th Jan 20104:40 pmRNSSecond Price Monitoring Extn
11th Jan 20104:35 pmRNSPrice Monitoring Extension
22nd Dec 20097:00 amRNSNotice of EGM
21st Dec 20094:40 pmRNSSecond Price Monitoring Extn
21st Dec 20094:35 pmRNSPrice Monitoring Extension
21st Dec 200911:40 amRNSNotification of major interest in shares
21st Dec 20097:00 amRNSDirectorate Change
10th Dec 20094:40 pmRNSSecond Price Monitoring Extn
10th Dec 20094:35 pmRNSPrice Monitoring Extension
26th Nov 20097:00 amRNSReceipt of request for EGM
16th Nov 20094:40 pmRNSSecond Price Monitoring Extn
16th Nov 20094:35 pmRNSPrice Monitoring Extension
13th Nov 20093:21 pmRNSSTATEMENT REGARDING POTENTIAL TAX LIABILITY
11th Nov 200910:30 amRNSStatement re potential tax liability
11th Nov 200910:30 amRNSRestoration - Treveria PLC
10th Nov 20092:00 pmRNSSuspension - Treveria Plc
10th Nov 20092:00 pmRNSShare suspension
19th Oct 20099:32 amRNSHolding(s) in Company
5th Oct 20093:53 pmRNSNotification of major interest in shares
30th Sep 20094:38 pmRNSNotification of major interest in shares
30th Sep 20099:17 amRNSDirector/PDMR Shareholding
29th Sep 20092:48 pmRNSDirector/PDMR Shareholding
29th Sep 20097:00 amRNSHalf Yearly Report
22nd Sep 200910:42 amRNSNotice of Results
24th Jul 20094:28 pmRNSDirector/PDMR Shareholding
20th Jul 20094:40 pmRNSSecond Price Monitoring Extn
20th Jul 20094:35 pmRNSPrice Monitoring Extension
16th Jul 20097:05 amRNSTrading Statement
16th Jul 20097:00 amRNSChange of Adviser
9th Jul 20093:29 pmRNSDirector/PDMR Shareholding
15th Jun 200911:00 amRNSHolding(s) in Company
15th Jun 200911:00 amRNSDirector/PDMR Shareholding
29th May 200911:23 amRNSResult of AGM
27th May 200910:26 amRNSDisclosure of interests in shares
13th May 20098:54 amRNSHolding(s) in Company
21st Apr 20095:10 pmRNSHolding(s) in Company
2nd Apr 20097:00 amRNSFinal Results

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.