30 Jun 2010 15:56
REGUS PLC
30 JUNE 2010
NOTICE OF CLOSE PERIOD SHARE REPURCHASE PROGRAMME
Regus plc (the "Company") announces today that it has entered into an irrevocable and non-discretionary arrangement with Investec Investment Banking, an independent third party, to repurchase on its behalf ordinary shares of 1p each in the Company during the Company's close period, which commences on 1 July 2010 and ends on the publication of the Company's Half-Yearly Financial Report on 31 August 2010.
Any purchases of the Company's ordinary shares during this period will be effected within certain pre-set parameters, and in accordance with both the Company's general authority to repurchase shares and Chapter 12 of the Listing Rules, which require that the maximum price paid per share shall not exceed the higher of (i) 105 per cent of the average middle market closing price of the Company's Ordinary Shares for the five dealing days preceding the date of purchase and (ii) the higher of the price of the last independent trade and the highest current independent bid on the London Stock Exchange Daily Official List at the time the relevant purchase is carried out.
For further information, please contact:
Regus plc +352 22 9999 5160 Stephen Gleadle, Chief Financial Officer
Investec +44 (0) 20 7597 4000 Charles Batten Brunswick +44 (0) 20 7404 5959
Simon Sporborg / Wendel Verbeek
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