Share Repurchase Programme
November 01 2010 - 12:19PM
UK Regulatory
TIDMIDOX
RNS Number : 4032V
IDOX PLC
01 November 2010
1 November 2010
IDOX plc
IDOX plc (the "Company") Share Repurchase Programme and Close Period
Pursuant to the general authority given to the Company by shareholders, the
Company announces that in order to be able to buy back shares during the
Company's close period, it has entered into an irrevocable, non-discretionary
programme with Investec Bank plc to purchase up to 31,548,722 shares,
representing 9.2% of the current issued share capital of the Company, on its own
behalf for treasury or cancellation during its close period which commences on
31st October 2010 and ends on 11th January 2011. The absolute maximum value of
shares acquired shall not, in aggregate, exceed GBP0.25 million.
Any acquisitions will be effected within certain pre-set parameters, and in
accordance with the Company's general authority to repurchase shares.
Enquiries:
+----------------------------------+------------------------+
| IDOX | 020 7332 6000 |
+----------------------------------+------------------------+
| Martin Brooks, Chairman | |
+----------------------------------+------------------------+
| Richard Kellett-Clarke, Chief | |
| Executive | |
+----------------------------------+------------------------+
| William Edmondson, Chief | |
| Financial Officer | |
+----------------------------------+------------------------+
| | |
+----------------------------------+------------------------+
| Investec | 020 7597 4000 |
+----------------------------------+------------------------+
| Andrew Pinder |
+-----------------------------------------------------------+
| | |
+----------------------------------+------------------------+
| College Hill | 020 7457 2020 |
+----------------------------------+------------------------+
| Adrian Duffield / Carl Franklin | |
+----------------------------------+------------------------+
About IDOX plc
IDOX plc is a supplier of software solutions and services principally to the UK
public sector and the leading applications provider to local government for core
functions relating to land, people and property through its UNI-form, Plantech
and IDOX product range. Over 75% of UK local authorities are customers.
The Group gives public-sector organisations the tools to manage information and
knowledge, documents and content, business processes and workflow as well as
connecting directly with the citizen via the web.
It also supplies decision support content and additional specialist services via
the IDOX Information Service and its J4B business, as well as transforming
approaches to knowledge and content management via consultancy and training. In
addition it provides these specialist skills to customers through its TFPL
branded recruitment division.
For more information see www.idoxplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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