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26 Mar 2015 11:30
26 March 2015
Jelf Group plc
("Jelf" or the "Company")
Close Period Share Buyback Instruction
Jelf announces that it has entered into irrevocable non-discretionary arrangements with its broker, finnCap Ltd, to repurchase on its behalf depending on prevailing equity market conditions and within certain preset parameters, ordinary shares in Jelf during the close period commencing on 1 April 2015 and ending on the day prior to the Company's 2015 interim results announcement, expected to be made on 11 May 2015. Any shares repurchased will either be cancelled or held in treasury.
The aim of the programme is to help enhance returns for shareholders.
Any purchases pursuant to these arrangements will be carried out during the period between 1 April 2015 and 10 May 2015 within certain pre-set parameters and in accordance with the AIM Rules, other applicable law and the limitations of the repurchase authority approved at the last Annual General Meeting of shareholders.
For further information, please contact:
Jelf Group plc
Alex Alway, Chief Executive John Harding, Group Finance and Operations Director
| 01454 272727
|
finnCap
Matt Goode, Corporate Finance Grant Bergman, Corporate Finance Stephen Norcross, Corporate Broking | 020 7220 0500 |
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