Share Repurchase Programme

RNS Number : 4032V

IDOX PLC

01 November 2010

 



1 November 2010

IDOX plc

IDOX plc (the "Company") Share Repurchase Programme and Close Period

Pursuant to the general authority given to the Company by shareholders, the Company announces that in order to be able to buy back shares during the Company's close period, it has entered into an irrevocable, non-discretionary programme with Investec Bank plc to purchase up to 31,548,722 shares, representing 9.2% of the current issued share capital of the Company, on its own behalf for treasury or cancellation during its close period which commences on 31^st October 2010 and ends on 11^th January 2011. The absolute maximum value of shares acquired shall not, in aggregate, exceed £0.25 million.

Any acquisitions will be effected within certain pre-set parameters, and in accordance with the Company's general authority to repurchase shares.

Enquiries:

IDOX	020 7332 6000
Martin Brooks, Chairman
Richard Kellett-Clarke, Chief Executive
William Edmondson, Chief Financial Officer
Investec	020 7597 4000
Andrew Pinder
College Hill	020 7457 2020
Adrian Duffield / Carl Franklin

About IDOX plc

IDOX plc is a supplier of software solutions and services principally to the UK public sector and the leading applications provider to local government for core functions relating to land, people and property through its UNI-form, Plantech and IDOX product range. Over 75% of UK local authorities are customers.

The Group gives public-sector organisations the tools to manage information and knowledge, documents and content, business processes and workflow as well as connecting directly with the citizen via the web.

It also supplies decision support content and additional specialist services via the IDOX Information Service and its J4B business, as well as transforming approaches to knowledge and content management via consultancy and training. In addition it provides these specialist skills to customers through its TFPL branded recruitment division.

For more information see www.idoxplc.com

 

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