Portmeirion Group PLC
05 October 2005
Portmeirion Group Plc (the 'Company')
Transaction in own shares
The Company announces that, pursuant to its general authority granted by
shareholders of the Company on 16 May 2005 to make market purchases of its
ordinary shares of 5p each ('Ordinary Shares'), the Company today made on market
purchases of 100,000 Ordinary Shares at 186.5p per share (all of which are to be
held as treasury shares).
These shares, representing 0.96 per cent. of the Company's issued share capital,
were purchased from Euan Cooper-Willis, a former director of the Company and a
director of a subsidiary of the Company. Following this sale, Mr Cooper-Willis
will be interested in 1,127,150 Ordinary Shares representing 10.82 per cent. of
the Company's issued share capital.
The Company now holds 520,418 Ordinary Shares in treasury and the total number
of Ordinary Shares in issue less the total number of Ordinary Shares held in
treasury following the purchase and non-cancellation of such Ordinary Shares is
9,900,812 Ordinary Shares. This notification is pursuant to the amendment of the
Companies Act 1985 to allow companies to buy-back and hold certain types of
their own shares 'in treasury'.
5 October 2005
Enquiries:
Arthur Ralley - Chairman 01782 744721
Brett Phillips - Finance Director 01782 744721
This information is provided by RNS
The company news service from the London Stock Exchange
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