Trans in Own Shares and TVR
Walker Greenbank PLC
18 January 2008
For Immediate Release 18 January 2008
WALKER GREENBANK PLC
('Walker Greenbank' or 'the Company')
Transaction in own shares
and
Directors' Dealings
and
Total Voting Rights
Walker Greenbank PLC (AIM: WGB), the designer, manufacturer and distributor of
furnishing fabrics and wallpapers whose international brands include Sanderson,
Morris & Co, Harlequin and Zoffany, announces that on 17 January 2008 it made on
market purchases into treasury of 715,093 ordinary shares of 1p each in the
Company ('Ordinary Shares') at 43.5 p per Ordinary Share.
It is intended that these Ordinary Shares will be used to satisfy conditional
awards made under the Company's Long Term Incentive Plan ('LTIP') in May 2007.
Following this transaction Walker Greenbank's issued ordinary share capital with
voting rights consists of 59,006,162 Ordinary Shares of which 1,415,093 Ordinary
Shares are held in treasury. Therefore the total number of voting rights in, and
the figure to be used by shareholders as the denominator for the calculations by
which they will determine whether they are required to notify their interest in
Walker Greenbank PLC under the FSA's Disclosure and Transparency rules, is
57,591,069 Ordinary Shares.
The effect of purchasing the above Ordinary Shares is anticipated to be earnings
enhancing in that it will remove the requirement for the future issue of that
number of new Ordinary Shares to satisfy awards under the LTIP.
For further information:
Walker Greenbank PLC 08708 300077
Julian Wilson, Company Secretary
Landsbanki Securities (UK) Limited 020 7426 9000
Tom Hulme
Buchanan Communications 020 7466 5000
Mark Court/Suzanne Brocks
This information is provided by RNS
The company news service from the London Stock Exchange