Brierley Investments - Purchase of Own Securities
October 19 1999 - 9:17AM
UK Regulatory
RNS No 2731v
BRIERLEY INVESTMENTS LIMITED
19 October 1999
Details of Acquisition of shares under cash buyback.
Brierley Investments Limited (BIL) gives notice on 19 October 1999 it acquired
2,779,281 (0.09%) of its ordinary shares under its cash buyback offer (announced
on 7 September 1999) through the order matching market of the New Zealand Stock
Exchange.
The prices at which the shares were acquired are as follows:
Number of shares Price per share
$
1,510,000 0.45
1,269,281 0.44
The Board authorised the cash buyback on 6 September 1999.
The number of fully paid ordinary shares in BIL on issue after the acquisition
is 2,917,059,600.
The shares acquired are not being held as treasury stock.
END
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