MS International PLC Purchase of Own Shares (3685F)
July 07 2023 - 5:29AM
UK Regulatory
TIDMMSI
RNS Number : 3685F
MS International PLC
07 July 2023
7 July 2023
MS INTERNATIONAL plc
(the "Company")
Purchase of Own Shares
The Company announces that it has today purchased 290,000
ordinary shares of 10 pence each in the Company ("Ordinary Shares")
from the MS International Retirement and Death Benefits Scheme (the
"Scheme") at a price of 572.5 pence per Ordinary Share (the
"Purchase"), being the middle market price at the time of the
Purchase.
The Scheme has sold the Ordinary Shares to reduce its holding in
the Company to meet with the requirements of the Occupational
Pension Schemes (Investment) Regulations 2005. The Scheme no longer
holds any Ordinary Shares and has therefore reduced its
self-investment in the Company to nil.
The Ordinary Shares acquired by the Company will be held in
treasury. Following the Purchase, the Company now holds 1,547,994
Ordinary Shares in treasury. The Company's issued share capital
comprises 17,841,073 Ordinary Shares. After deducting the 1,547,994
Ordinary Shares held in treasury, the current total number of
voting rights in the Company is therefore 16,293,079.
The above figure of 16,293,079 Ordinary Shares is the figure
which may be used by shareholders as the denominator for the
calculation 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 FCA's Disclosure Guidance and Transparency
Rules.
For further information please contact:
MS INTERNATIONAL plc Tel : 01 302 322133
Michael Bell
Shore Capital
Nomad and Broker Tel: 020 7408 4090
Patrick Castle/Daniel Bush/Lucy Bowden
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END
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