Transaction in Own Shares

RNS Number : 2799I
Intl. Biotechnology Trust PLC
10 June 2011
 

International Biotechnology Trust plc (the "Company")

 

Transaction in own shares

 

 

The Company announces that, on 10 June 2011, it made a market purchase of 1,000,000 of its own ordinary shares of 25p each, representing 1.72% of the issued share capital.  The shares were bought at 151.0p per share and the Company intends to hold these shares in treasury.  These shares will only be re-issued at discounts which are less than the discounts at which the shares were bought.

 

Following this purchase, there are 57,007,663 ordinary shares in issue and 3,550,000 ordinary shares held in treasury.

 

 

 

Rhona Gregg

For and on behalf of

BNP Paribas Secretarial Services Limited

Company Secretary

 

Telephone:  0141 225 3009

 

 

10 JUNE 2011

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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