30 Jan 2009 09:04
30Β January 2009
Judges Capital plc
("Judges Capital" or the "Company")
Share Buyback Programme
Judges CapitalΒ announces that it has put in place with immediate effect an irrevocable, non-discretionary share repurchase programmeΒ to purchase up toΒ 533,775Β ordinary shares ofΒ 5Β pence eachΒ in the capital of the Company ("Ordinary Shares"),Β being 13.22Β per cent.Β of theΒ Company's current ordinary issued share capital.
The programme will last from today up untilΒ theΒ releaseΒ of the Company's preliminary results for the year ended 31 December 2008;Β or if later the date from which the Company is no longer in a close periodΒ and willΒ be managed byΒ Shore Capital StockbrokersΒ Limited, which will make its trading decisions in relation to the Company's securities independently of, and uninfluenced by, the Company.
TheΒ shares will be purchased on-market on the London Stock Exchange withinΒ certain pre-set parameters andΒ in accordanceΒ withΒ the terms of the general authority to make market purchases of its own shares granted toΒ the CompanyΒ byΒ itsΒ shareholders onΒ 22 MayΒ 2008. The purchased shares willΒ eitherΒ be held in treasuryΒ orΒ cancelled.
Any purchase of shares made byΒ Judges CapitalΒ following commencement of the buyback programme will be notified to a Regulatory Information ServiceΒ in accordance with the AIM Rules for Companies.
Judges CapitalΒ confirms thatΒ itΒ currently has no unpublished price sensitive information.
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Enquiries:
For further information please contact:
David Cicurel, CEO, Judges Capital: Tel: 01342 323 600
Pascal Keane, Shore Capital: Tel: 020 7408 4090
Melvyn Marckus, Cardew Group: Tel: 07775 896 491
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