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Close Period Share Repurchase

Close Period Share Repurchase.

articleComputacenter PlcJanuary 10, 20084/company/computacenter-plc/news/close-period-share-repurchase
Close Period Share Repurchase

About this update from Computacenter Plc

[{"type":"text","content":"\n Computacenter PLC\n10 January 2008\n\n\n Computacenter Plc\n\n\n Close Period Share Repurchase Programme\n\n\nComputacenter Plc (the 'Company') announces that it has put in place an\nirrevocable, non-discretionary programme allowing the Company to buy back shares\nduring the close period between 11 January 2008 and 10 March 2008 which precedes\nthe Company's results announcement on 11 March 2008. The buy back programme will\nbe managed by Credit Suisse, an independent third party, which makes its trading\ndecisions in relation to the Company's securities independently of, and\nuninfluenced by, the Company.\n\nShare buy backs will be effected within pre-set parameters and will be in\naccordance with the Company's general authority to repurchase shares and in\naccordance with Chapter 12 of the Listing Rules. Consequently the maximum price\npaid will be limited to no more than 105 per cent of the average middle market\nquotations of the Company shares for the 5 dealing days preceding the date of\npurchase. The shares repurchased will be cancelled.\n\nThe Company confirms that currently it has no unpublished price sensitive\ninformation.\n\n\nComputacenter Plc\n\n\nEnquiries:\n\nComputacenter plc\nMike Norris, Chief Executive 01707 631601\nTony Conophy, Finance Director 01707 631515\nTessa Freeman, PR Manager 01707 631514\n\nTulchan Communications 020 7353 4200\nAndrew Grant\nStephen Malthouse\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1803,"tagName":"div"}]

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