Ibstock PLC Closed Period share repurchase programme (8803Q)
July 01 2022 - 1:00AM
UK Regulatory
TIDMIBST
RNS Number : 8803Q
Ibstock PLC
01 July 2022
1 July 2022
Ibstock plc
Closed Period share repurchase programme
Ibstock plc (the "Company") announces that it has commenced an
irrevocable, non-discretionary programme to purchase shares on its
own behalf, for putting into treasury, during its closed period.
The programme commences on 1 July 2022 and runs up to and including
27 July 2022.
Any acquisitions will be effected within certain pre-set
parameters, and in accordance with both the Company's general
authority to repurchase shares and Chapter 12 of the Listing Rules
which requires that the maximum price paid to be limited to no more
than 105 per cent of the average middle market closing price of the
Company's shares for the 5 dealing days preceding the date of
purchase. The Company confirms that it currently has no unpublished
price sensitive information.
Further enquiries:
Ibstock plc 01530 261 999
Nick Giles (Group Company Secretary)
Citigate Dewe Rogerson 020 7638 9571
Kevin Smith
Holly Gillis
About Ibstock Plc
Ibstock plc is a leading UK manufacturer of clay bricks and a
diversified range of clay and concrete products. Its principal
products are clay bricks, brick components, concrete roof tiles,
concrete alternatives for stone masonry, concrete fencing and pre
-- stressed concrete products.
The Group's two divisions are:
Ibstock Clay: The leading manufacturer by volume of clay bricks
sold in the United Kingdom. With 16 manufacturing sites Ibstock
Brick has the largest brick production capacity in the United
Kingdom. It operates a network of 18 active quarries located close
to its manufacturing plants. Ibstock Kevington provides masonry and
pre-fabricated component building solutions, operating from 6 sites
across the United Kingdom.
Ibstock Concrete: A leading manufacturer of concrete roofing,
walling, flooring and fencing products, along with lintels and
general concrete building products, with 14 manufacturing plants in
the United Kingdom.
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END
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