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Close Period Repurchase Programme

30 Dec 2011 10:00

RNS Number : 7895U
Novae Group PLC
30 December 2011
 

NEWS RELEASE

 

30 December 2011 For immediate release

 

Novae Group plc ("Novae")

Close period repurchase programme

Novae Group plc (Novae" or the "Company") announces that the Company has entered into an irrevocable and non-discretionary arrangement with its broker, Espirito Santo Investment Bank (incorporating Execution Noble Limited), to repurchase on its behalf and within certain pre-set parameters Ordinary shares to be held in treasury during the Company's close period commencing on 1 January 2012 and ending on the day prior to the announcement of the Company's results for the 12 months ended 31 December 2011. This arrangement is in accordance with Chapter 12 of the UKLA Listing Rules and the Company's general authority to repurchase shares.

 

 

For further information:

Matthew Fosh - Novae Group plc 020 7903 7300

Nick Miles - M:Communications 020 7920 2330

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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