Purchase of Own Shares and Total Voting Rights

RNS Number : 9802J

Telecom Plus PLC

03 July 2017

 

Telecom Plus PLC (the "Company")

Purchase of Own Shares and Total Voting Rights

The Company announces that, further to the announcement made by the Company today regarding the results of the Tender Offer, the Company purchased 2,145,890 Ordinary Shares at a price of £11.65 per Ordinary Share. In accordance with the intention outlined in the Tender Offer circular dated 20 June 2017 (the "Tender Offer Circular"), these 2,145,890 Ordinary Shares have been cancelled (and none have been transferred to treasury).

Following the cancellation of these Ordinary Shares, the Company's issued share capital consists of 78,343,546 Ordinary Shares (excluding shares held in treasury) of 5 pence each. There are currently 60,000 Ordinary Shares held in treasury.

The total number of voting rights in Telecom Plus PLC is therefore 78,343,546 as at 3 July 2017. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Telecom Plus PLC, under the Disclosure Guidance and Transparency Rules or the Market Abuse Regulation (EU) No. 596/2014.

There are 252,638 Ordinary Shares held in the Telecom Plus PLC JSOP Share Trust on which voting rights have been waived. These shares are included in the above total voting rights figure.

Capitalised terms used in this announcement have the same meaning as ascribed to them in the Tender Offer Circular.

For further information, please contact:
Telecom Plus PLC David Baxter	020 8955 5000
Peel Hunt LLP Dan Webster George Sellar Alex Lomax	020 7418 8900

 

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