Regulatory Story
Go to market news section View chart   Print
RNS
Spirent Communications PLC  -  SPT   

Close Period Share Repurchase Programme

Released 08:36 02-Jan-2013

RNS Number : 5915U
Spirent Communications PLC
02 January 2013
 



2 January 2013

 

Spirent Communications plc ("Spirent" or the "Company")

 

 

 

 

 

 

Close Period share repurchase programme

 

Spirent announces that it has commenced an irrevocable, non-discretionary programme to purchase shares on its own behalf, for cancellation or placing into treasury, during its close period. The programme commences on 10 January 2013 and runs up to and including 27 February 2013.

 

Any acquisitions will be effected within certain pre-set parameters, and in accordance with both the Company's general authority to repurchase shares and 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 the Company's shares for the 5 dealing days preceding the date of purchase. The Company confirms that it currently has no unpublished price sensitive information.

 

Further enquiries:

 

Rachel Whiting                    +44 (0)1293 767676     

Company Secretary

Spirent Communications plc

 

 

 

 

 

 

 


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


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Close Period Share Repurchase Programme - RNS