TIDMCIC

RNS Number : 7049H

Conygar Investment Company PLC(The)

01 June 2011

1 June 2011

The Conygar Investment Company PLC

("Conygar" or the "Company")

Repurchase of own shares

Conygar announces that, in accordance with the terms of the general authority to make market purchases of its own shares granted to it by shareholders of the Company on 5 January 2011, and following the announcement on 26 May 2011, the Company acquired for cash in the market 2,270,167 ordinary shares of 5 pence each in the capital of the Company ("Shares") on 1 June 2011 at a price of 118 pence per Share. The acquired Shares will be held in treasury.

In conformity with Disclosure and Transparency Rule 5.6.1A, Conygar advises that, at the date of this announcement the Company's issued share capital comprises 102,503,235 Shares (excluding 18,000,000 Shares held as treasury shares). Therefore the Company's total number of Shares with voting rights is 102,503,235.

The above figure of 102,503,235 may be used by shareholders as the denominator for the calculations 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 FSA's Disclosure and Transparency Rules.

Extension of Share Buyback Programme

The Board of Conygar has decided to increase the size of the Buyback Programme by an additional 3,250,000 Shares, taking the total maximum number of Shares to be acquired under the Buyback Programme to 21,250,000 Shares. Conygar has purchased a total of 18,000,000 Shares to date pursuant to the Buyback Programme.

Any Shares acquired under the Buyback Programme will count towards the Company's general authority to buy back shares granted at the Company's Annual General Meeting held on 5 January 2011 which provides, inter alia, for shares to be acquired (or contracted to be acquired) in the period up to the earlier of 4 January 2012 and the conclusion of the Company's next Annual General Meeting.

Save to the extent they are varied by this announcement, all other parameters outlined in the Company's announcement on 1 December 2010 will continue to apply.

For further information please contact:

 
 The Conygar Investment Company PLC 
  Peter Batchelor                               020 7258 8670 
 Oriel Securities Limited (Nominated Adviser 
  and Broker) 
  Michael Shaw / Neil Langford                  020 7710 7600 
 Temple Bar Advisory (Public Relations) 
  Alex Child-Villiers                           07795 425 580

This information is provided by RNS

The company news service from the London Stock Exchange

END

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