6 Aug 2019 07:15
RNS Number : 9675H
IWG PLC
06 August 2019
IWG plc
Share repurchase programme
Further to the interim results announcement earlier today, in which IWG plc ("IWG" or the "Company") announced its intention to commence a £100 million share buy-back programme, IWG announces that the Company has today entered into an irrevocable arrangement with Investec Bank plc, to repurchase on its behalf and within certain pre-set parameters, ordinary shares in IWG for treasury, during the period from and including 6 August 2019 to and including 5 August 2020. The arrangement is split equally between a non-discretionary and discretionary mandate. This arrangement is in accordance with Chapter 12 of the UKLA Listing Rules and IWG's general authority to repurchase shares.
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IWG (IWG)