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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Shoprite Grp. | LSE:SHO | London | Ordinary Share | GB0004637772 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.68 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:2634F Shoprite Group PLC 05 October 2007 SHOPRITE GROUP P.L.C. OFFER TO BUY BACK ("OFFER") UP TO 14,838,077 ORDINARY SHARES OF 5P Shoprite Group P.L.C. ("Shoprite") has today announced an offer to buy back up to 14,838,077 shares (approximately 20% of the current issued share capital of the company). The offer document will be available shortly on the company website (www.manxshoprite.com) and will also be posted to all shareholders that were on the register on 28 September 2007. Authority for the buy back was granted on 29 May 2007 at the Annual General Meeting of the Company. The Offer price is 15.4 pence, 10% above the closing middle market price of 14.0 pence as quoted by the London Stock Exchange on 4 October 2007. This is the maximum price that can be paid under the authority which has been granted. The Offer will close on Thursday 15 November 2007 at 3.00pm. If acceptances are received for a total number of Shares in excess of 14,838,077, then the number of Shares repurchased from each Shareholder will be pro-rated in accordance with the number of shares held by each Shareholder participating in the Offer. For further information, please contact Dennis McAdam Company Secretary Shoprite Group plc Centre House Little Switzerland Douglas Isle of Man IM2 4RE Email: Dennis.McAdam@manxshoprite.com Tel: 01624 683333 Fax: 01624 683344 Shore Capital & Corporate Ltd - Nominated Adviser Alex Borrelli - 0207 408 4090 This information is provided by RNS The company news service from the London Stock Exchange END OUPOKPKPPBDDQKK
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