Sportech PLC Purchase of Own Shares (1416A)
March 22 2017 - 2:30AM
UK Regulatory
TIDMSPO
RNS Number : 1416A
Sportech PLC
22 March 2017
22 March 2017
Sportech PLC
("Sportech" or the "Company")
Purchase of Own Shares
In accordance with Listing Rule 12.4.6R, the Company announces
that, in connection with the Tender Offer (the results of which
were announced on 21 March 2017), on 21 March 2017 the Company
purchased 20,623,804 Ordinary Shares at a Tender Price of GBP1.015
per Ordinary Share. These 20,623,804 Ordinary Shares have been
purchased for cancellation. In accordance with DTR 5.6, this
resulted in a decrease of the total number of Ordinary Shares in
issue with voting rights in Sportech to 185,614,244.
Capitalised terms used in this announcement have the same
meaning as ascribed to them in the shareholder Circular published
by the Company on 10 March 2017 in connection with the Tender
Offer.
For further information please contact:
Sportech PLC 020 7268 2400
Ian Penrose, Chief Executive
Mickey Kalifa, Chief Financial
Officer
Brunswick Group 020 7404 5959
Mike Smith sportech@brunswickgroup.com
Stuart Donnelly
Investec Bank plc 020 7597 5970
Patrick Robb
Henry Reast
This information is provided by RNS
The company news service from the London Stock Exchange
END
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