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Close period buy-back programme

30 Jun 2016 17:44

RNS Number : 8919C
WPP PLC
30 June 2016
 

Close period buy-back programme

 

WPP plc (the "Company") announces that it has entered into an irrevocable and non-discretionary arrangement with its broker, BofA Merrill Lynch, to repurchase ordinary shares on its behalf between 1 July 2016 and 24 August 2016. These will be repurchased within certain pre-set parameters and held as treasury shares. This arrangement is in accordance with Chapter 12 of the UKLA Listing Rules on purchases during the Close Period, Article 5 of the Market Abuse Regulation (2014/596/EU), ESMA's draft regulatory technical standards and the Company's general authority to repurchase shares.

 

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