Transaction in Own Shares

RNS Number : 9232C

Intl. Biotechnology Trust PLC

14 March 2011

 



International Biotechnology Trust plc (the "Company")

Transaction in own shares

The Company announces that, on 14 March 2011, it made a market purchase of 500,000 of its own ordinary shares of 25p each, representing 0.84% of the issued share capital.  The shares were bought at 146.25p 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 58,807,663 ordinary shares in issue and 2,825,000 ordinary shares held in treasury.

Rhona Gregg

For and on behalf of

BNP Paribas Secretarial Services Limited

Company Secretary

Telephone:  [phone]

14 MARCH 2011

 

END

 

 

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