29 Jul 2009 15:53
29 Julyย 2009
Judgesย Scientificย plc
("Judgesย Scientific" or the "Company")
Share Buyback Programme
Judgesย Scientificย announces that it has put in place with immediate effect an irrevocable, non-discretionary share repurchase programmeย to purchase up toย 605,247ย ordinary shares ofย 5ย pence eachย in the capital of the Company ("Ordinary Shares"),ย beingย 14.99ย per cent.ย of theย Company's current ordinary issued share capital.
The programme will last from today up untilย theย releaseย of the Company'sย interimย results for theย six monthsย endedย 30 June 2009;ย or if later the date from which the Company is no longer in a close periodย and willย be managed byย Shoreย Capitalย Stockbrokersย Limited, which will make its trading decisions in relation to the Company's securities independently of, and uninfluenced by, the Company.
Theย shares will be purchased on-market on the London Stock Exchange withinย certain pre-set parameters andย in accordanceย withย the terms of the general authority to make market purchases of its own shares granted toย the Companyย byย itsย shareholders onย 22 Mayย 2009. The purchased shares willย eitherย be held in treasuryย orย cancelled.
Any purchase of shares made byย Judgesย Scientificย following commencement of the buyback programme will be notified to a Regulatory Information Serviceย in accordance with the AIM Rules for Companies.
Judgesย Scientificย confirms thatย itย currently has no unpublished price sensitive information.
ย
Enquiries:
For further information please contact:
David Cicurel, CEO, Judgesย Scientific: Tel: 01342 323 600
Pascal Keane, Shoreย Capital: Tel: 020 7408 4090
Melvyn Marckus, Cardew Group: Tel: 07775 896 491
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