Topps Tiles PLC
08 July 2005
Topps Tiles Plc (the 'Company')
Acquisition of own shares
The Company announces that, pursuant to its general authority granted by
shareholders of the Company on 11 January 2005 to make market purchases of its
own shares, and pursuant to certain employees of the Company exercising 21,000
options over Ordinary Shares under the Topps Tiles Plc approved and unapproved
Executive Share Option Schemes, the Company made on market purchases of 21,000
Ordinary Shares at 184.5 pence per Ordinary Share on 8 July 2005 (to be held as
treasury shares).
The Company now holds 172,070 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
226,045,005 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'.
8 July 2005
Enquiries:
Barry Bester - Chairman 01625 446 700
Andrew Liggett - Finance Director 01625 446 700
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.