Share Repurchases

RNS Number : 1729F

Experian plc

10 November 2015

 



Experian plc

Share Repurchases

10 November 2015 - Experian plc, the global information services company (the "Company"), hereby notifies the market that, as announced earlier on 10 November 2015, the Company has extended its US$600m share repurchase programme announced on 28 January 2015 by US$200m, linked to the proceeds from recent divestments.

The repurchases are to be carried out pursuant to and in accordance with the authority conferred by the Company's shareholders at the Company's annual general meeting held on 22 July 2015 for up to a maximum of 98,516,227 of its ordinary shares, during the period commencing 10 November 2015 and ending on the expiry of the Company's existing shareholder authority to purchase the shares.

It is intended that the remaining shares purchased by the Company under the programme will be cancelled.

Any share repurchases by the Company will be effected in accordance with the Company's general authority to purchase its own shares and Chapter 12 of the UK Listing Authority's Listing Rules which requires that the maximum price is an amount not higher than (i) 105 per cent of the average market value of the Company's shares for the five business days immediately preceding the date on which the Company's shares are purchased, and (ii) that stipulated by Article 5(1) of the Buy Back and Stabilisation Regulation.

Contact:

Experian

Ronan Hanna             Deputy Company Secretary           [phone]

About Experian
We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. We also help people to check their credit report and credit score, and protect against identity theft.  In 2015, we were named by Forbes magazine as one of the 'World's Most Innovative Companies'.

We employ approximately 17,000 people in 39 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2015, was US$4.8 billion.

To find out more about our company, please visit http://www.experianplc.com or watch our documentary, 'Inside Experian'.

Neither the content of the Company's website, nor the content of any website accessible from hyperlinks on the Company's website (or any other website), is incorporated into, or forms part of, this announcement.

 

END

 

 

POSEANFEFFKSFEF