MAE Mallett

    RNS Number : 3138X
  Mallett PLC
  23 June 2008
   

    Mallett PLC ("Mallett")

    Return of Cash - Repurchase of B Shares

    The 2008 Repurchase Offer offered B Shareholders the opportunity to sell their B Shares to Landsbanki by
    completing and returning a form of repurchase by 4.30pm on 13 June 2008.  Valid elections to accept the 2008 B
    Share Repurchase Offer were received in relation to 80,454 B Shares. These B Shares were purchased by Mallett
    from Landsbanki on Friday 20 June 2008 for an amount equal to 58 pence per B Share plus the total stamp duty and
    stamp duty reserve tax payable by Landsbanki in respect of its purchase of B Shares and were cancelled
    by Mallett after purchase.

    All capitalised terms shall have the meanings given to them in the Circular to shareholders dated 6 May 2008.

    For further information, please contact:

    Michael Smyth-Osbourne (Finance Director): 020 7499 7411

This information is provided by RNS
The company news service from the London Stock Exchange
 
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