Transaction in Own Shares

6 Nov 2009 07:00

6 November 2009

PROACTIS Holdings PLC

("Proactis" or "the Company")

Transaction in Own Shares

PROACTIS Holdings PLC (AIM: PHD), the specialist Spend Control software company, announces that earlier today it purchased 25,000 Ordinary Shares at an average price of 35 pence per share through its broker Daniel Stewart.  The purchased shares will all be held in Treasury.

Following the above purchase, the Company holds 63,777 Ordinary shares in Treasury and has a total of 31,067,833  Ordinary Shares of 10p each (excluding shares held in Treasury) in issue. 

The Company will continue to purchase its own shares for Treasury when appropriate and in accordance with the authority granted at the Company's last Annual General Meeting.

PROACTIS Holdings PLC

Rod Jones, Chief Executive Officer Tel: 019 3754 5072www.proactis.com

Daniel Stewart & Company plc

Simon Leathers/Stewart Dickson Tel: 020 7776 6550www.danielstewart.co.uk

Nick Osborne/John Moriarty

Weber Shandwick Square Mile Tel: 020 7067 0700www.webershandwick.com

Notes to Editor:

Proactis creates, sells and maintains specialist software, which enables organisations to streamline, control and monitor all internal and external expenditure, other than payroll. PROACTIS is already used in over 200 organisations in the UK from the commercial, public and not-for-profit sectors.