Transaction in Own Shares

RNS Number : 4931Y

Polypipe Group PLC

01 December 2014

 



1 December 2014

Polypipe Group plc

Transaction in Own Shares

Polypipe Group plc ("Polypipe" or the "Company"), a leading manufacturer of plastic piping systems for the residential, commercial, civils and infrastructure sectors, announces at it has purchased, in accordance with the authority granted to it by shareholders, the following number of its ordinary shares of £0.001 each (the "Shares"):

Date of purchase:	16 October 2014
Number of Shares purchased:	739,522
Price paid per Share (pence):	231.875

The Company intends to hold these Shares in treasury to satisfy share option awards in the future.

Following the purchase of these Shares, the Company holds 739,522 Shares in treasury and has 199,260,340 Shares in issue (excluding treasury shares).  This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

For further information, please contact:

Polypipe Peter Shepherd, Chief Financial Officer

[phone]

 

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