30 Jun 2008 17:27
Kingspan Group Plc
30 June 2008
Close Period share repurchase programme
Further to the share repurchase programme announced on the 10 June 2008, Kingspan Group Plc., the leading manufacturer of a range of sustainable products for the construction industry, announces that it has commenced an irrevocable non-discretionary programme with Goodbody Stockbrokers and UBS to purchase shares on its behalf during its close period which commences on 1 July 2008 and runs up to and including 26 August 2008. Shares repurchased on the Company's behalf under the programme may be held as Treasury Shares.
Any acquisitions will be effected within certain pre-set parameters, and in accordance with the Company's general authority to repurchase and Chapter 9 of the Listing Rules of the Irish Stock Exchange and Chapter 12 of the Listing Rules of the United Kingdom Listing Authority which require that the maximum price paid be no more than 105 per cent of the average market value of the Company's shares for the 5 dealing days immediately preceding the date of purchase. The Company confirms that it currently has no unpublished price sensitive information.
For further information please contact:
Lorcan Dowd Company Secretary + 353 42 9698000