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GlobeOp Fin Services (GO.)

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Friday 23 January, 2009

GlobeOp Fin Services

Transaction in Own Shares

RNS Number : 1211M
GlobeOp Financial Services S.A.
23 January 2009
 




For Immediate Release                                                                           23 JANUARY 2009


GlobeOp Financial Services S.A.

("GlobeOp®" or "the Company") 


NOTIFICATION OF TRANSACTION IN OWN SHARES 

LISTING Rule 12.4.6R



GlobeOp Financial Services S.A., (LSE:GO.) has received the following notification from its broker, Merrill Lynch International of a purchase of shares under the share repurchase plan announced on 11 December 2008:


The purchase was made on

22 JANUARY 2009

The total number of shares purchased was

35,000

The highest price paid was

56p

The lowest price paid was

56p

Number of shares purchased to be held as treasury shares

35,000

Total number of ordinary $0.12 shares held in treasury following this purchase

463,331

Total number of ordinary $0.12 shares and voting rights now in issue excluding treasury shares

90,871,079

Total number of ordinary $0.12 shares in issue including treasury shares

91,334,410

Total number of own shares purchased since the commencement of the share repurchase plan

151,500



The share repurchase plan announced on the 11 December 2008 authorises the Company to make market purchases of up to 2,000,000 of its ordinary shares, being 2.18 per cent of the current outstanding ordinary shares, during the period 11 December 2008 until the next Annual General Meeting of the CompanyGlobeOp has entered into an irrevocable and non-discretionary arrangement with its broker, Merrill Lynch International, to repurchase on its behalf and within certain pre-set parameters, ordinary shares in GlobeOp during the Company's close period commencing on January 2008 and ending on the day prior to the announcement of the Company's 2008 results. This arrangement is in accordance with the Listing Rules and the Company's general authority to repurchase shares.  The share repurchase plan does not require GlobeOp to repurchase any shares and may be discontinued at any time.  






For further information contact:


GlobeOp Financial Services

Andrea Dulberg

+1 914 670 3731


Giles Wynne Thomas

+44 (0) 20 7190 6707


Brunswick Group

Leonora Pou / Anne Bark

+44 (0) 20 7404 5959            


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