Transaction in Own Shares
12 Mars 2008 - 3:50PM
UK Regulatory
RNS Number:9587P
Versatile Systems Inc
12 March 2008
Versatile Systems Inc ("the Company")
Purchase of own shares
Versatile Systems Inc. announces that, pursuant to its normal course issuer bid
which commenced on 26 November 2007, the Company acquired 50,000 common shares
at a price of CDN$ 0.18 per share on 11 March 2008. Following this purchase, the
number of common shares outstanding is 120,490,643. The shares purchased will
initially be held as treasury shares and, subject to Board approval, will be
cancelled. The number of treasury shares now held by the Company is 658,000.
Enquiries:
Versatile Systems Inc.
Fraser Atkinson, Chief Financial Officer
Tel: +1 604 683 2915 Ext. 214
www.versatile.com
NCB Stockbrokers Limited
Julius Bozzino or Jonathan Gray
Tel: +44 (0) 20 7071 5200
This information is provided by RNS
The company news service from the London Stock Exchange
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