PartyGaming Plc Shares Trust Purchase (3918C)
March 04 2011 - 11:07AM
UK Regulatory
TIDMPRTY
RNS Number : 3918C
PartyGaming Plc
04 March 2011
4 March 2011
PartyGaming Plc
("PartyGaming" or the "Company")
PartyGaming Plc Shares Trust - Purchase of 1.1 million
PartyGaming Shares
PartyGaming announces that the PartyGaming Plc Shares Trust (the
"Trust") has today purchased 1,100,000 PartyGaming ordinary shares
of 0.015 pence each (the "Shares") at an average price of 192.93
pence per share. Funds to carry out this purchase were gifted to
the Trust by the Company and these Shares will be used to satisfy
share awards made in accordance with the Company's remuneration
policy.
As a result of this purchase, the Trust holds 5,094,588 Shares,
representing 1.23% of the Company's issued share capital. The Trust
has waived its voting rights in respect of the Shares it holds.
Therefore, excluding these Shares from the 413,065,372 Shares in
issue, there are 407,970,784 voting rights for the purposes of
determining if shareholders are required to notify their interest
in, or a change to their interest in, PartyGaming under the FSA's
Disclosure and Transparency Rules.
Contacts:
Peter Reynolds, Director of Corporate Affairs +44 20 7337
0100
John Shepherd, Director of Corporate Communications
This information is provided by RNS
The company news service from the London Stock Exchange
END
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