Helical Bar PLC
19 January 2005
For immediate release
Helical Bar plc
19 January 2005
Not for release, publication or distribution in whole or in part in or into the
United States, Canada, Japan or the Republic of South Africa
Helical Bar plc ('Helical Bar' or the 'Company') - Repurchase of B Shares
The Company announces that on 5 January 2005 it was offered 610,000 of the
outstanding B Shares in issue for repurchase. These B Shares have been
purchased at £4.00 per B Share by the Company for cancellation.
The remaining 612,704 B Shares, representing approximately 5.8 per cent. of the
B Shares, will continue to be in issue. The amount which would be payable by
the Company if it were to repurchase the remaining B Shares at a price of £4.00
per B Share would be approximately £2.45 million.
Enquiries:
Helical Bar plc 020 7629 0113
Tim Murphy
This information is provided by RNS
The company news service from the London Stock Exchange