Share Repurchases

RNS Number : 7488G

Experian plc

09 May 2014

 



Experian plc

Share Repurchases

9 May 2014 - Experian plc, the global information services company (the "Company"), hereby notifies the market that, as announced on 7 May 2014, the Company will make share repurchases during the year ending 31 March 2015 in respect of employee share plan awards which vest during the year.

The repurchases are to be carried out pursuant to and in accordance with the authority conferred by the Company's shareholders at the Company's annual general meeting held on 17 July 2013 for up to a maximum of 100,961,463 of itsordinary shares, during the period commencing on 12 May 2014 and ending on the expiry of the Company's existing shareholder authority to purchase the shares.

It is intended that any shares purchased by the Company will be held in treasury and, in due course, used to meet obligations under employee share plans or transferred to the Experian plc Employee Share Trust.

Any share repurchases by the Company will be effected in accordance with the Company's general authority to purchase its own shares and Chapter 12 of the UK Listing Authority's Listing Rules which requires that the maximum price is an amount not higher than (i) 105 per cent of the average market value of the Company's shares for the five business days immediately preceding the date on which the Company's shares are purchased, and (ii) that stipulated by Article 5(1) of the Buy Back and Stabilisation Regulation.

Contact:

Experian

Ronan Hanna             Deputy Company Secretary           [phone]

 

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