Inchcape PLC
02 October 2007
Inchcape plc
('Inchcape' or the 'Company')
Share buy-back
Inchcape announces that on 1 October 2007 it purchased 500,000 of its 25p
ordinary shares at a price of 418 pence per share through Dresdner Kleinwort.
All of these shares will be held as Treasury shares. This purchase equates to
approximately 0.10 per cent. of the Company's total issued share capital.
Following the purchase of these shares, Inchcape holds 19,830,606 of its shares
in Treasury and has 465,914,167 ordinary shares in issue (excluding treasury
shares).
For further information, please contact:
Group communications, Inchcape plc +44 (0) 7546 0022
Investor Relations, Inchcape plc +44 (0) 7546 8432
Financial Dynamics (Jonathon Brill / Billy Clegg) +44 (0) 7831 3113
Notes to editors
Inchcape plc is the leading independent, international automotive retailer, with
scale operations in Australia, Belgium, Greece, Hong Kong, Singapore and the
UK. The Group also has operations in a number of other markets, including
Eastern Europe, the Baltics, Russia and South America. In addition to growing
its core businesses, Inchcape is looking to develop scale operations in new and
emerging regions. It represents leading automotive brands and operates either a
retail, or a vertically integrated retail model (i.e. exclusive distribution and
retail), depending on the market. Inchcape's core brand partners are Audi, BMW,
Honda, Mazda, Mercedes-Benz, PAG, Subaru, Toyota/Lexus and Volkswagen.
For further information, visit us at www.inchcape.com
This information is provided by RNS
The company news service from the London Stock Exchange
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