Share buyback
September 29 2010 - 12:28PM
UK Regulatory
TIDMTAW
RNS Number : 5524T
Tawa PLC
29 September 2010
Tawa plc
29 September 2010
Share buyback programme
Tawa plc ('the Company') announces that, pursuant to the general authority
granted by shareholders of the Company on 17 June 2010 to make market purchases
of its own shares, the Company made market purchases of 200,000 Ordinary shares
of 10 pence each ("Shares") at an average price of 54.5 pence per share on 29
September 2010 of which 85,400 shares were purchased from the trustees of the
Tawa employee benefit trust to satisfy employees' income tax and national
insurance liabilities on the vesting of awards under the Tawa 2007 Deferred
Share Bonus Plan on 27 September 2010. These shares will be held in treasury.
Following this purchase, the interests of the Directors in the Company as a
percentage of the issued capital will remain unchanged.
Following the above, the Company will hold 650,695 Shares in treasury (including
the market purchases detailed above) and 112,987,164 Shares will remain in
issue.
Enquiries:
+--------------------------+------------------+
| Christopher Jones, | 020 7068 8071 |
| Company Secretary | |
| Tawa plc | |
+--------------------------+------------------+
| Guy Wiehahn / Emma Riza | 020 7418 8900 |
| KBC Peel Hunt (nominated | |
| adviser and broker) | |
+--------------------------+------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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