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Transaction in Own Shares

21 Jun 2012 07:20

RNS Number : 8198F
Development Securities PLC
21 June 2012
 



DEVELOPMENT SECURITIES PLC: Transaction in own shares

 

Development Securities PLC (the "Company") announces that it has purchased the following number of its ordinary shares of 50p each on the London Stock Exchange from Peel Hunt LLP.

 

Date of purchase: 20 June 2012

 

Number of ordinary shares purchased: 3,209

 

Highest price paid per share: 132.0p

 

Lowest price paid per share: 132.0p

 

Volume weighted average price paid per share: 132.0p

 

The Company intends to hold the purchased shares in treasury.

 

Following the purchase of these shares, the Company holds 3,209 of its ordinary shares in treasury and has 122,349,295 ordinary shares in issue (excluding treasury shares). This figure 122,349,295 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules.

 

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