Proposed share buy back

1 Nov 2007 07:01

Holders Technology PLC01 November 2007 Holders Technology Plc (the "Company") Proposed share buy back Holders Technology, the supplier of special laminates and materials to theelectronics industry, intends utilising existing authorities to buy in up to245,000 ordinary shares, representing approximately 5.89 per cent. of theCompany's issued share capital. Any shares purchased will be held in treasuryand utilised to meet the exercise of share options in the future. The Companyhas currently granted options which, on exercise, would result in the issue of afurther 245,000 shares. The Company was authorised to make market purchases of its own shares at theAnnual General Meeting held on 30 April 2007. Blue Oar Securities, the company's broker, is co-ordinating the proposed sharebuy back. If shareholders wish to sell some or all of their shares for purchaseby the Company, their stockbroker is required to contact Jerry Keen at Blue OarSecurities Plc before 3pm on Friday 2 November. The price paid for shares purchased in the buy back will be subject to demandand the Company is not proposing to purchase any shares above a price of 158.5pper share, the mid-market closing price on 31 October 2007. Enquiries: Jim Shawyer, Group Finance Director - 020 8731 4336 Jerry Keen, Director, Blue Oar Securities Plc - 020 7448 4492 This information is provided by RNS The company news service from the London Stock Exchange