Transaction in Own Shares

RNS Number : 5028D

Intl. Biotechnology Trust PLC

02 December 2009

 



International Biotechnology Trust plc (the "Company")

Transaction in own shares

The Company announces that, on 2 December 2009, it made a market purchase of 1,590,000 of its own ordinary shares of 25p each, representing 2.48% of the issued share capital. The shares were bought at 121p per share and the Company intends to hold these shares in treasury.  These shares will only be re-issued at discounts which are less than the discounts at which the shares were bought.

Following this purchase, there are 62,582,664 ordinary shares in issue and 3,855,000 ordinary shares held in treasury.

Rachael Nelson

For and on behalf of

BNP Paribas Secretarial Services Limited

Company Secretary

Telephone:  [phone]

2 DECEMBER 2009 

 

END

 

 

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