Holders Technology PLC
01 November 2007
Holders Technology Plc (the 'Company')
Proposed share buy back
Holders Technology, the supplier of special laminates and materials to the
electronics industry, intends utilising existing authorities to buy in up to
245,000 ordinary shares, representing approximately 5.89 per cent. of the
Company's issued share capital. Any shares purchased will be held in treasury
and utilised to meet the exercise of share options in the future. The Company
has currently granted options which, on exercise, would result in the issue of a
further 245,000 shares.
The Company was authorised to make market purchases of its own shares at the
Annual General Meeting held on 30 April 2007.
Blue Oar Securities, the company's broker, is co-ordinating the proposed share
buy back. If shareholders wish to sell some or all of their shares for purchase
by the Company, their stockbroker is required to contact Jerry Keen at Blue Oar
Securities Plc before 3pm on Friday 2 November.
The price paid for shares purchased in the buy back will be subject to demand
and the Company is not proposing to purchase any shares above a price of 158.5p
per share, the mid-market closing price on 31 October 2007.
Enquiries:
Jim Shawyer, Group Finance Director - 020 8731 4336
Jerry Keen, Director, Blue Oar Securities Plc - 020 7448 4492
This information is provided by RNS
The company news service from the London Stock Exchange
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