Close period share repurchase

RNS Number : 5943E

Domino's Pizza UK & IRL PLC

23 December 2009

 



23rd December 2009

Domino's Pizza UK & IRL plc (the "Company")

Close period share repurchase programme

The Company announces that it intends to continue with its share repurchase programme during its close period. Therefore, the Company will commence an irrevocable, non-discretionary programme to purchase shares during its close period within the authority granted to the Company at the annual general meeting on 23 April 2009. 

The maximum price per ordinary share ("Ordinary Share") payable on any exercise of the authority shall be the higher of (i) an amount equal to 105 per cent. of the average of the market value for an Ordinary Share as derived from the Daily Official List of the London Stock Exchange plc for the five business days prior to making any purchase; and (ii) the higher of the price of the last independent trade and the highest current bid on the London Stock Exchange plc at the time the purchase is carried out. The minimum price payable shall be 1.5625 pence per Ordinary Share, being the nominal value of an Ordinary Share. All shares purchased will be cancelled.

Due to the level of liquidity in the Company's ordinary shares, the Company may buyback more than 50 per cent. of the average daily volume as set out in Article 5(a) of the Buy-back and Stabilisation Regulation 2003. 

Enquiries:
Domino's Pizza UK & IRL plc Lee Ginsberg, Chief Financial Officer	[phone]

 

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