REG - MS International PLC - Purchase of Own Shares

MS InternationalAnnouncement

07/07/2023 11:30

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RNS Number : 3685F  MS International PLC  07 July 2023

7 July 2023

MS INTERNATIONAL plc

(the "Company")

 

Purchase of Own Shares

 

The Company announces that it has today purchased 290,000 ordinary shares of
10 pence each in the Company ("Ordinary Shares") from the MS International
Retirement and Death Benefits Scheme (the "Scheme") at a price of 572.5 pence
per Ordinary Share (the "Purchase"), being the middle market price at the time
of the Purchase.

 

The Scheme has sold the Ordinary Shares to reduce its holding in the Company
to meet with the requirements of the Occupational Pension Schemes (Investment)
Regulations 2005. The Scheme no longer holds any Ordinary Shares and has
therefore reduced its self-investment in the Company to nil.

 

The Ordinary Shares acquired by the Company will be held in treasury.
Following the Purchase, the Company now holds 1,547,994 Ordinary Shares in
treasury. The Company's issued share capital comprises 17,841,073 Ordinary
Shares. After deducting the 1,547,994 Ordinary Shares held in treasury, the
current total number of voting rights in the Company is therefore 16,293,079.

 

The above figure of 16,293,079 Ordinary Shares is the figure which may be used
by shareholders as the denominator for the calculation by which they will
determine if they are required to notify their interest in, or a change to
their interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

 

 

For further information please contact:

 

MS INTERNATIONAL
plc
                             Tel: 01 302 322133

Michael Bell

 

Shore Capital

Nomad and Broker
 
                                              Tel:
020 7408 4090

Patrick Castle/Daniel Bush/Lucy Bowden

 
 

 

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