Transaction in Own Shares and Directors' Holdings

RNS Number : 6707E
Science Group PLC
20 July 2016
 

 

20 July 2016

 

 

Science Group plc

(the "Company" or "Science Group")

 

Transaction in own shares and directors' holdings

 

Science Group plc (AIM:SAG) announces that, on 19 July 2016, it purchased 1,000,000 of its 1 pence ordinary shares at an average price of 120 pence per share. The highest price paid per share was 120 pence and the lowest price paid per share was 120 pence. The Company purchased these shares through Numis Securities Limited.

The number of shares purchased represented 2.43% of the voting rights attributable to the total ordinary shares in issue prior to such purchase. The purchased shares will be held in treasury.

The total number of ordinary shares in issue (excluding treasury shares) following this announcement is 40,177,006.  Science Group holds 1,885,029 shares in treasury.

As a result of this purchase, the following directors’ shareholdings as a percentage of the total issued share capital of the Company (excluding those shares held in treasury) have increased as follows:

 

No. of shares held

% holding of ISC (exc treasury)

Martyn Ratcliffe

13,412,906

33.38%

David Courtley

375,000

0.93%

 

- Ends -

 

For further information:

Science Group plc

 

Martyn Ratcliffe, Chairman

Tel: +44 (0) 1223 875 200

Rebecca Hemsted, Finance Director

 

 

Numis Securities Limited

 

Nominated Adviser: Simon Willis / Paul Gillam

Tel: +44 (0) 20 7260 1000

Corporate Broking: Michael Burke

 

 

 


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