7 Oct 2008 07:00
International Ferro Metals Limited
("IFL" or the "Company")
Purchase of Shares in Buyback Programme
London, 7 October 2008: International Ferro Metals, the integrated ferrochrome producer, announces that it has purchased through Numis Securities Limited 1.6 million ordinary shares at 37.95 pence per share. These shares will be cancelled and will reduce the number of shares in issue to 505,962,682.
Following the cancellation of such shares, the Company's issued share capital consists of 505,962,682 ordinary shares all with voting rights.
For further information please visit www.ifml.com or contact:
International Ferro Metals Limited
Stephen Turner, Chief Executive Officer
Mob: +61 418 440 844
OR
David Kovarsky, Managing Director
Mob: +27 82 650 1192
Brunswick Group
Patrick Handley / Carole Cable
Tel: +44 (0) 20 7404 5959
Numis Securities Limited
John Harrison / Stuart Skinner
Tel: +44 (0) 20 7260 1000
Notes to editors:
IFL produces ferrochrome, the essential ingredient in stainless steel, from its integrated chromite mine and ferrochrome processing operations in South Africa.
IFL.L (IFL)