Transaction in Own Shares

25 Jul 2007 07:00

Interactive Prospect TargetingHdgs25 July 2007 Press Release 25 July 2007 Interactive Prospect Targeting Holdings Plc ("IPT" or "the Group") Purchase of own shares Interactive Prospect Targeting Holdings plc (AIM: IPH), Europe's largest directonline marketing group, announces that yesterday the Group purchased 25,000ordinary shares of 0.4 pence each in the capital of the Group at a price of 138pence per share. IPT intends to hold the purchased shares in treasury. This purchase equates to approximately 0.056% of the Group's current totalissued share capital. Other than these shares, the Group has 44,750,702 ordinary shares in issue. Thispurchase was made pursuant to the special resolution passed at an ExtraordinaryGeneral Meeting of the Group on 14 May 2007 at which IPT was generallyauthorised to buy back shares representing up to 5 per cent of the Group'scurrent issued share capital. - Ends - For further information:IPT Holdings plcLionel Thain, Chief Executive Tel: +44 (0) 20 7932 4101lionel@ipt-ltd.co.uk www.ipt-ltd.com Canaccord AdamsMark Williams, Corporate Finance Tel: +44 (0) 20 7050 6500mark.williams@canaccordadams.com www.canaccordadams.com Media enquiries:AbchurchCharlie Jack/ Hugo Jenkins Tel: +44 (0) 20 7398 7700hugo.jenkins@abchurch-group.com www.abchurch-group.com Notes to Editors Interactive Prospect Targeting Holdings Plc is Europe's largest online directmarketing group. The Group has developed the leading database of its kind,distributing customer information to over 1,000 clients in the UK and France,the top two European spenders on direct marketing. IPT is split into four main divisions: customer acquisition; data rental;outsourced online data management and online market research. These divisionscombine to make IPT a full service provider. The Group hosts several datagathering websites including the flagship site, "MyOffers.co.uk." Founded in 1999, IPT has delivered year on year profitable growth, and inDecember 2004 the Group listed on the AIM market of the London Stock Exchange.The Group is headquartered in London and employs 250 people, still retainingmembers of its highly experienced management team since its conception. The online direct marketing sector has grown from a £24m market in 2003 to a £265m market in 2006. Further information on the Company is available at www.iptholdings.co.uk This information is provided by RNS The company news service from the London Stock Exchange