Transaction in Own Shares • Aug 4, 2014
Transaction in Own Shares
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National Storage Mechanism | Additional information
RNS Number : 1552O
Inchcape PLC
04 August 2014
Inchcape plc
4 August 2014
Inchcape plc - Transactions in Own Shares
INCHCAPE PLC
SHARE PURCHASES
Inchcape plc (the "Company"), the leading premium automotive group, announces today that, further to its announcement on 31 July 2014 of a share buyback of up to £100 million over the following 12 months, it has today commenced this programme. On 1 August 2014 the Company gave irrevocable instructions to J.P. Morgan Cazenove to purchase shares with a value of up to £50m on the Company's behalf during the period from 4 August 2014 until 31 December 2014 (the "Period"). The purchase of shares in the Period pursuant to the irrevocable instructions will be executed at all times only in accordance with the Company's authority to make market purchases of its shares.
This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.
This information is provided by RNS
The company news service from the London Stock Exchange
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