Chesnara plc
20 November 2008
Transaction in Own Shares
Chesnara plc ("Chesnara" or "the Company") announces that on 20 November 2008
it purchased 706,000 of its 5p ordinary shares at a volume weighted average
price paid per share of 108 pence. The highest price paid per share was 108
pence and the lowest price paid per share was 108 pence.
The shares purchased have been transferred into treasury. As a result of this
transaction Chesnara now holds 3,096,194 shares in treasury.
The Board has taken the decision to conduct this purchase of the Company's own
shares as a result of the low level of the Company's share price. The total
value of shares purchased was £762,480.
The total number of shares in issue (total voting rights) after taking into
account the movement of these 706,000 shares into treasury is 101,492,591 (at
the date of this announcement).
Enquiries
Graham Kettleborough
Chief Executive, Chesnara plc 07799 407 519
