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30 Jun 2008 17:27
Kingspan GroupĀ Plc
30 JuneĀ 2008Ā
Close Period share repurchase programme
Further to the share repurchase programme announcedĀ on the 10 June 2008,Ā Kingspan Group Plc.,Ā the leading manufacturer of a range of sustainable products for the construction industry,Ā announces that it has commenced an irrevocable non-discretionary programmeĀ with Goodbody Stockbrokers and UBSĀ to purchase shares on its behalfĀ during its close period whichĀ commences onĀ 1 July 2008Ā and runs upĀ to and including 26 August 2008.Ā Ā Shares repurchased onĀ the Company'sĀ behalf under the programme may be held as Treasury Shares.Ā
Any acquisitions will be effected within certain pre-set parameters, and inĀ accordance withĀ the Company'sĀ general authority to repurchase andĀ Chapter 9 of the Listing Rules of the Irish Stock Exchange and Chapter 12 of theĀ Listing Rules of the United Kingdom Listing AuthorityĀ whichĀ require thatĀ the maximum price paid be no more than 105 per cent of the average market value ofĀ the Company'sĀ sharesĀ for the 5Ā dealingĀ days immediately preceding the date of purchase.Ā The CompanyĀ confirms that it currently has no unpublished price sensitiveĀ information.
For further information please contact:
Lorcan Dowd Company SecretaryĀ + 353 42 9698000
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