Transaction in Own Shares

Safeland PLC 08 January 2008 SAFELAND PLC Purchase of own shares 08 January 2007 On 7 January 2008, Safeland plc ('Safeland' or 'the Company'), the fund management, property trading and investment company, purchased 1,649,350 of its own ordinary shares ('Shares') of 5p each at a price of 70p per share. The shares acquired are to be cancelled. The number of Shares in issue following this transaction is reduced from 18,530,500 to 16,851,180. Based upon the Net Assets of the Company as per the interim accounts to 30 September 2007 the share buy back would have the affect of raising the Net Asset Value per share from 114p to 118p. The total number of voting rights in issue is therefore 16,851,180, which is the number that may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify interest in, or a change in their interest in, the Company under the FSA's Disclosure and Transparency Rules. END Enquiries: Safeland plc 020 8815 1600 Larry Lipman, Managing Director Paul Davis, Finance Director www.safeland.co.uk Arbuthnot Securities 020 7012 2000 John Prior Ben Wells This information is provided by RNS The company news service from the London Stock Exchange
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