GUS PLC
29 September 2006
GUS plc
Transaction in own securities - further
In an announcement made earlier today under RNS Number 6679J, GUS indicated that
8,919,934 treasury shares had been cancelled on 28 September 2006. This number
should in fact have read 8,919,334 treasury shares. The number of shares in
issue after this transaction should have read 875,521,288 rather than
875,520,688. All other details remain unchanged but, for completeness, the
corrected text of the announcement is shown below:
'GUS plc, the retail and business services group, announces that yesterday it
transferred 7,111,066 ordinary shares of 29 3/43 pence each, which were
previously held as treasury shares, to the GUS ESOP Trust, for no consideration,
in anticipation of the separation of Experian and the Home Retail Group. It also
cancelled the remaining 8,919,334 treasury shares. The transfer was made in
order to facilitate the exercise of certain GUS share awards following the
demerger.
Following this transaction, GUS plc will cease to hold any of its ordinary
shares in treasury and will have 875,521,288 ordinary shares in issue, of which
15,349,500 will be held in the GUS ESOP Trust. These transactions will have no
impact on either the shareholders' funds of the company or its earnings per
share, since both treasury shares and ESOP Trust shares are accounted for as if
they had been cancelled.'
This information is provided by RNS
The company news service from the London Stock Exchange
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