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Share purchase to cover warrant exercises

11 Feb 2016 07:00

RNS Number : 7272O
Zoopla Property Group PLC
11 February 2016
 

11 February 2016

 

Zoopla Property Group Plc

 

Share purchase to cover warrant exercises

 

Zoopla Property Group Plc (LSE:ZPLA) (the "Company") announces its intention to purchase 188,340 ordinary shares of GBP 0.01 each in the capital of the Company (the "Shares") to satisfy the exercise of warrants.

 

The purchase of the Shares, which will commence immediately, will be conducted in accordance with the authorisation granted to the Company by shareholders at the AGM held on 12 February 2015. It is intended that the Shares bought back will be held in Treasury, until released as required, to satisfy warrant exercises.

 

The Company has appointed Jefferies International Limited to execute the purchases.

 

For further information, please contact:

 

Zoopla Property Group Plc

Lawrence Hall, Head of Communications lawrence.hall@zpg.co.uk / 020 7620 4618 / 07890 078 945

Rachael Malcolm, Head of Investor Relations rachael.malcolm@zpg.co.uk / 020 7620 4790 / 07774 671 082

 

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