Transaction in Own Shares

RNS Number : 6047Z
Intl. Biotechnology Trust PLC
27 May 2016
 

International Biotechnology Trust plc (the "Company")

 

Transaction in own shares

 

 

The Company announces that on 27 May 2016 it made a market purchase of 70,000 of its own Ordinary shares of 25p each, representing 0.18% of the issued share capital (excluding treasury shares).  The shares were bought at 436p 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 38,272,663 Ordinary shares in issue (excluding treasury shares) and 4,070,000 Ordinary shares held in treasury.

 

 

 

Nariman Ghandhi

For and on behalf of

BNP Paribas Secretarial Services Limited

Company Secretary

 

Telephone:  020 7410 5971

 

 

27 MAY 2016

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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