Debenhams plc Close Period Share Repurchase Programme (9260M)
30 Août 2013 - 6:30PM
UK Regulatory
TIDMDEB
RNS Number : 9260M
Debenhams plc
30 August 2013
Close Period Share Repurchase Programme
Debenhams plc ("Debenhams") announces that it has entered into
irrevocable, non-discretionary arrangements with its broker,
Citigroup Global Markets Limited, to enable the repurchase of its
own shares, for treasury, during its close period. These
arrangements commence on 31 August 2013 and run to 23 October
2013.
Any acquisitions will be effected within certain pre-set
parameters, and in accordance with Debenhams general authority to
repurchase shares, Chapter 12 of the Listing Rules which requires
that the maximum price paid to be limited to no more than 105 per
cent of the average middle market closing price of Debenhams shares
for the 5 dealing days preceding the date of purchase, and that
stipulated by Article 5 (1) of the Buy-back and Stabilisation
Regulation.
Further enquiries:
Paul Eardley
Company Secretary
Tel: 020 3549 6529
This information is provided by RNS
The company news service from the London Stock Exchange
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