Business
Repurchase of own shares
Repurchase of own shares.
About this update from Savills Plc
[{"type":"text","content":"\n Savills PLC\n15 January 2007\n\n\n\nSavills plc\n15 January 2007\n\n\n\nNotice of Close Period Share Repurchase Programme\n\nSavills plc announces today that it will commence an irrevocable,\nnon-discretionary programme to purchase ordinary shares of 2.5p each in the\nCompany for cancellation through Hoare Govett's affiliate, ABN AMRO Bank N.V.\nLondon Branch, during its close period which commenced on 14 January 2007 and\nends on the date of publication of Savills' preliminary results for the twelve\nmonths ended 30 December 2006, expected to be on 14 March 2007.\n\nAny acquisitions will be effected within certain pre-set parameters, and in\naccordance with both Savills' general authority to repurchase shares and Chapter\n12 of the Listing Rules, which requires that the maximum price paid be limited\nto no more than 105 per cent. of the average middle market closing price of\nordinary shares for the five dealing days preceding the date of purchase.\n\n\n\n\n\n\n\nENDS\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1293,"tagName":"div"}]