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Share Repurchase Programme

12 Sep 2012 07:00

RNS Number : 0368M
Specialist Energy Group PLC
12 September 2012
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For immediate release: 12 September 2012

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Specialist Energy Group plc

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("Specialist Energy Group", "SEG" or the "Company")

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Share Repurchase Programme

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The Company announces that it has established a subsidiary, Specialist Energy Group Trustee Limited, for the purpose of acting as an Employee Benefit Trust ("EBT"). Authorities have been granted for the EBT to commence a share repurchase programme and for purchased shares to be held for potential redistribution to the relevant employees.

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Enquiries:

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Specialist Energy Group plc

Ewan Lloyd-Baker, Chief Executive Officer

Nicholas Flanagan, Chief Financial Officer

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Tel: +44 (0)1582 436908

Akur Partners LLP - Corporate Finance adviser

Andrew Dawber

David Shapton

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Tel: +44 (0)20 7499 3101

FinnCap Limited - NOMAD & Broker

Marc Young / Ben Thompson - Corporate Finance

Tom Jenkins - Corporate Broking

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Tel: +44 (0)20 7220 0500

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GTH Communications Limited

Toby Hall

Suzanne Johnson Walsh

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Tel: +44 (0)20 3103 3903

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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POSBLGDCLGBBGDB
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