Transaction in Own Shares - Replacement

RNS Number : 4801W

Next PLC

28 January 2013

 



The following amendment has been made to the 'Close Period Share Repurchase Programme' announcement released on 25 January 2013 at 16:36 under RNS No 4299W

 

The word 'million' following '1,050,000' was deleted from the last sentence of the first paragraph.  This was a typographical error.

All other details remain unchanged.

The full amended text is shown below:

 

'25 January 2013

Next plc

Close Period Share Repurchase Programme

Next plc announces that it will commence an irrevocable, non-discretionary programme to purchase its own shares for cancellation during its close period.  The programme commences on 28 January 2013, and runs up to and including 20 March 2013, the day before the Company's results for the year ending January 2013. The programme may or may not result in Next plc shares being purchased but in any event the maximum amount of shares acquired will not exceed 1,050,000 shares.

Any shares purchased will be effected within certain pre-set parameters, and in accordance with both Next's general authority to repurchase shares and Chapter 12 of the Listing Rules which requires that the maximum price paid to be limited to no more than 105 per cent of the average middle market closing price of the Company's shares for the 5 dealing days preceding the date of purchase.'

 

END

 

 

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