Morgan Crucible Co PLC
04 July 2007
Morgan Crucible Company plc - Transactions in Own Shares
Morgan Crucible Company plc (the 'Company') announces that it has commenced a
non-discretionary programme to purchase ordinary shares for cancellation. The
programme commences on 5 July 2007 and is scheduled to end on 01 August 2007
when the Company expects to announce its first half results.
The buyback programme will be managed by an independent third party, which
makes its trading decisions independently of, and uninfluenced by, the Company.
Any acquisitions will be effected within certain pre-set parameters, and in
accordance with both the Company's general authority to repurchase shares and
Chapter 12 of the Listing Rules which requires that the maximum price paid be
limited to no more than 5 per cent above the average market value for the shares
as derived from the London Stock Exchange Daily Official List for the five
business days immediately prior to such purchase.
The Company confirms that it currently has no unpublished price sensitive
information.
Enquiries
The Morgan Crucible Company plc 01753 837 000
Paul Boulton
This information is provided by RNS
The company news service from the London Stock Exchange
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