Inchcape PLC
08 January 2008
Inchcape plc
('Inchcape' or the 'Company')
Share buy-back
Pursuant to its irrevocable, non-discretionary share repurchase programme
announced on 27 December 2007, Inchcape announces that on 7 January 2008 it
purchased for Treasury 400,000 of its 25p ordinary shares at a price of 357.44
pence per share through Dresdner Kleinwort. All of these shares will be held as
Treasury shares. This purchase equates to approximately 0.08 per cent. of the
Company's total issued share capital.
Following the purchase of these shares, Inchcape holds 23,315,606 of its shares
in Treasury and has 462,875,579 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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