Business
Purchase of own shares
Purchase of own shares.
About this update from Conduit Holdings Ltd.
[{"type":"text","content":"\n Creston PLC\n16 April 2008\n\n\n\n\nCreston plc\n\n\nPurchase of own shares\n\n\nCreston plc announces that on 15 April 2008, the Creston plc Employee Benefit\nTrust (\"the EBT\") purchased 1,349,549 ordinary shares of 10 pence each at a\nprice of 69.25 pence per share.\n\n\nThis purchase, from the vendors of CML Research Limited, enables those vendors\nto satisfy their obligations under the Sale and Purchase Agreement dated 3\nSeptember 2004 with Creston plc. In accordance with that agreement they are to\npay Creston plc £0.9million. Both vendors have agreed new service agreements\nplus three year incentive plans and are committed to the further development of\nthe Creston qualitative research offering.\n\n\nThe purchased shares will be held to satisfy obligations under the Creston plc\nLong Term Incentive Plan. Following the above purchase, Creston plc holds\n114,824 ordinary shares in treasury, 1,750,213 ordinary shares in the EBT and\nhas 55,646,414 ordinary shares in issue (excluding treasury shares).\n\n\nFor further information, please contact:\n\n\nCreston plc 020 7930 9757\n\nDon Elgie, Chief Executive\n\nBarrie Brien, COO & CFO\n\nwww.creston.com\n\n\nHogarth Partnership Limited 020 7357 9477\n\nChris Matthews\n\nSarah Macleod\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n ","length":1391,"tagName":"div"}]