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Soco International (SIA)

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Tuesday 08 January, 2013

Soco International

Close Period Share Repurchase Programme

RNS Number : 1118V
Soco International PLC
08 January 2013
 

Close period share repurchase programme

 

SOCO International plc ("SOCO" or the "Company") announces that it is entering into a close period up until the publication of the Company's preliminary results, for the year ending 31 December 2012.

SOCO has entered into an irrevocable, non-discretionary arrangement with its broker, Merrill Lynch International, to purchase ordinary shares of 5 pence each on its own behalf during this close period.  It is intended that any shares purchased will be transferred into Treasury. Any acquisitions will be effected within certain pre-set parameters, and in accordance with both SOCO's general authority to repurchase shares and Chapter 12 of the Listing Rules.


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