REG - Telecom Plus PLC - Transaction in Own Shares

Telecom PlusAnnouncement

18/07/2018 17:55

RNS Number : 0893V
Telecom Plus PLC
18 July 2018
 


Telecom Plus PLC
Transaction in Own Shares
 
Telecom Plus PLC (TEP.L) ("Telecom Plus" or the "Company"), which supplies a wide range of utility services to both residential and business customers, announces that it has purchased (through Peel Hunt LLP acting as the Company's broker) the following number of its shares of 5p each on the London Stock Exchange. The purchased shares will be held as treasury shares.
The purchases were made pursuant to the £4.7m buy-back programme announced on 19 June 2018.




Date of purchase:


18 July 2018




Number of shares purchased (aggregated volume):


29,168




Highest price paid per share (pence):


1,105.28 pence




Lowest price paid per share (pence):


1,102 pence




Volume weighted average price paid per share (pence):


1,103.0973 pence




 
Following these transactions £0.6m of the buy-back programme remains outstanding.
Following the purchase of these shares, Telecom Plus holds 429,829 ordinary shares as treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 78,051,298 shares. All of the shares have equal voting rights.  This figure 78,051,298 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases made by Peel Hunt on the Company's behalf is set out in the schedule below.
For further information:




Telecom Plus PLC


Tel : +44 (0)208 955 5000




David Baxter


 




 


 




 


 




Peel Hunt LLP


Tel : +44 (0)207 418 8900




Dan Webster


 




George Sellar


 




 
 
Schedule of Purchases - Individual Transactions




Number of shares purchased


Transaction price

(pence per share)


Time of transaction


Trading venue




2599


1102.29


13:28:56


LSE




6859


1105.28


13:50:23


LSE




8756


1103


14:37:04


LSE




10,954


1102


15:00:24


LSE




                                               




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
POSUWVNRWAABAAR