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Share Buy-Back Programme

23 Jan 2015 17:20

RNS Number : 0494D
SCISYS PLC
23 January 2015
 

 

23 January 2015

 

SCISYS PLC

(SSY: AIM, "SCISYS" or the "Company")

 

Share Buy-Back Programme

SCISYS announces that it has today put in place an irrevocable, non-discretionary programme for the repurchase of up to £100,000 of its ordinary shares. The repurchase programme will be independently managed by finnCap Ltd, the Company's broker, which will make trading decisions independently and without the influence of the Company. Any ordinary shares repurchased on behalf of the Company will be held in treasury.

 

The Buy-Back programme will last until 29 May 2015 and will be conducted within the pre-set parameters and in accordance with the authority granted by the Company's shareholders to repurchase shares at its last annual general meeting held on 22 May 2014 ("2014 AGM"). Further information on the authority granted by shareholders is set out in the notice to the 2014 AGM, available at the Company's website at:

 

http://www.scisys.co.uk/fileadmin/user_upload/Downloads/PLC/Finance_Investors/Notices/AGM_notice_2014.pdf

 

For further information, please contact:

 

SCISYS PLC

Peter Murden

Company Secretary

Tel : +44 (0) 1249 466 466

finnCap Limited

Corporate Finance

 

 

Corporate Broking

 

Julian Blunt

James Thompson

 

Alexandra Clement

 

Tel : +44 (0) 207 220 0500

 

 

 

 

 

 

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