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Transaction in Own Shares

30 Oct 2009 14:21

RNS Number : 6962B
PROACTIS Holdings PLC
30 October 2009
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30 October 2009

PROACTIS Holdings PLC

("Proactis" or "the Company")

Transaction in Own Shares

PROACTIS Holdings PLC (AIM: PHD), the specialist Spend Control software company, announces thatΒ earlier todayΒ it purchasedΒ 27,000Β Ordinary Shares at an averageΒ price of 35.5Β penceΒ per shareΒ through its broker Daniel Stewart.Β Β The purchased shares will all beΒ held inΒ Treasury.

Following the above purchase, the Company holdsΒ 38,277Β Ordinary shares in Treasury and has a total ofΒ 30,779,556Β Ordinary Shares ofΒ 10p each (excluding shares held in Treasury) in issue.Β 

The Company will continue toΒ purchase its own shares for TreasuryΒ when appropriate and in accordance with the authority grantedΒ at the Company's last Annual General Meeting.

PROACTISΒ HoldingsΒ PLC

Rod Jones, Chief Executive Officer Tel: 019Β 3754Β 5072www.proactis.com

Daniel Stewart & Company plc

Simon Leathers/Stewart Dickson Tel: 020 7776 6550www.danielstewart.co.uk

Nick Osborne/John Moriarty

Weber Shandwick SquareΒ Mile Tel: 020 7067 0700www.webershandwick.com

Notes to Editor:

Proactis creates, sells and maintains specialist software, which enables organisations to streamline, control and monitor all internal and external expenditure, other than payroll. PROACTIS is already used in over 200 organisations in theΒ UKΒ from the commercial, public and not-for-profit sectors.

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