Transaction in Own Shares

5 Oct 2005 16:10

Portmeirion Group PLC05 October 2005 Portmeirion Group Plc (the 'Company') Transaction in own shares The Company announces that, pursuant to its general authority granted byshareholders of the Company on 16 May 2005 to make market purchases of itsordinary shares of 5p each ("Ordinary Shares"), the Company today made on marketpurchases of 100,000 Ordinary Shares at 186.5p per share (all of which are to beheld as treasury shares). These shares, representing 0.96 per cent. of the Company's issued share capital,were purchased from Euan Cooper-Willis, a former director of the Company and adirector of a subsidiary of the Company. Following this sale, Mr Cooper-Williswill be interested in 1,127,150 Ordinary Shares representing 10.82 per cent. ofthe Company's issued share capital. The Company now holds 520,418 Ordinary Shares in treasury and the total numberof Ordinary Shares in issue less the total number of Ordinary Shares held intreasury following the purchase and non-cancellation of such Ordinary Shares is9,900,812 Ordinary Shares. This notification is pursuant to the amendment of theCompanies Act 1985 to allow companies to buy-back and hold certain types oftheir own shares 'in treasury'. 5 October 2005 Enquiries: Arthur Ralley - Chairman 01782 744721Brett Phillips - Finance Director 01782 744721 This information is provided by RNS The company news service from the London Stock Exchange