Transaction in Own Shares
March 05 2004 - 6:05AM
UK Regulatory
RNS Number:1850W
Barlow International Invests PLC
5 March 2004
Letter to RNS
Dated 27th February 2004
PURCHASE OF OWN LISTED SECURITIES
Please note that the Company has acquired $11,445,000 par value of its 7%
Guaranteed Convertible Bonds which are listed on the Stock Exchange. The
original value of the Bonds at listing was $75,000,000 of which Bonds with a par
value of $4,745,000 have previously been converted into shares in the Company's
ultimate parent company, Barloworld Limited, and Bonds of $42,955,000 have
previously been purchased and cancelled, all in terms of the conditions under
which the Bonds were issued.
The Bonds now acquired are being cancelled in terms of the conditions and the
par value of the Bonds outstanding is, therefore, being reduced to $15,855,000.
From J R Eastwood
Group Treasurer
Barlow International Investments Plc
This information is provided by RNS
The company news servicefrom the London Stock Exchange
END
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