Purchase of Shares by EBT

RNS Number : 3432X

BowLeven Plc

12 August 2009

 



12 August 2009

Bowleven plc ('Bowleven' or the 'Company')

EMPLOYEE BENEFIT TRUST

Bowleven plc (the 'Company') announces that on 12 August 2009 Osiris Trustees Limited, as trustee of the Bowleven plc Employee Benefit Trust (the 'EBT'), purchased 658,374 ordinary shares of 10 pence each in the capital of the Company ('Shares') at a price of 90.5 pence per Share.  

Immediately following the above transaction, the EBT holds 658,374 Shares, representing approximately 0.34% of the Company's issued share capital of 192,973,318. It is anticipated that all such Shares held by the EBT will ultimately be used to satisfy awards and options granted under the Company's various share incentive arrangements.

ENQUIRIES 

For further information please contact:

Bowleven plc
Kevin Hart, Chief Executive	00 44 131 524 5678
Brunswick Group LLP
Patrick Handley	00 44 207 404 5959
Deborah Spencer	00 44 207 404 5959
RBS Hoare Govett
Andrew Foster	00 44 207 678 8000

 

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