Proposed Share Buyback

 

TIDMAMBR 
 
RNS Number : 6546V 
Ambrian Capital PLC 
14 July 2009 
 

AMBRIAN CAPITAL PLC 
 
 
PROPOSED SHARE BUYBACK ANNOUNCEMENT 
 
 
 
 
Ambrian Capital plc announces that in accordance with the authorities granted at 
the Company's Annual General Meeting held on 2 June 2009, the Board intends to 
buy-back up to 16,046,872 ordinary 10p shares in the Company when the 
opportunity arises. The authority conferred by this resolution shall expire 15 
months from 30th April 2009 or, if earlier, at the conclusion of the Company's 
next annual general meeting. Shares acquired pursuant to the Buy-Back Programme 
will continue to be purchased within certain pre-set parameters, including a 
maximum purchase price of no more than 105 per cent of the average middle market 
closing price of the shares for the 5 dealing days preceding the date of 
purchase. 
 
 
In buying back the Company's shares, the Board is returning capital to those 
shareholders who wish to sell their shares. 
 
 
Under the share buy-back programme, any shares that Ambrian Capital plc buys 
back between 15th July 2009 and the announcement of Ambrian Capital's half-year 
results on 15th September 2009 will be handled by FPK, at its sole discretion, 
and the company and its directors will have no power to invoke any changes to 
the programme. 
 
 
For further information please contact: 
 
 
 
+-----------------------------+----------------------+ 
| Ambrian Capital plc         |                      | 
+-----------------------------+----------------------+ 
| Tom Gaffney, Chief          | 020 7634 4700        | 
| Executive                   |                      | 
+-----------------------------+----------------------+ 
|                             |                      | 
+-----------------------------+----------------------+ 
| Fox-Pitt, Kelton            |                      | 
+-----------------------------+----------------------+ 
| Simon Law / Marc Milmo      | 020 7663 6023        | 
+-----------------------------+----------------------+ 
|                             |                      | 
+-----------------------------+----------------------+ 
| M:Communications            |                      | 
+-----------------------------+----------------------+ 
| Charlotte Kirkham / Ben     | 020 7153 1531 / 1540 | 
| Simons                      |                      | 
+-----------------------------+----------------------+ 
 
 
 
 
Notes to Editors: 
 
Ambrian Capital plc 
 
Ambrian Capital plc (AIM: AMBR) is the holding company of Ambrian Partners 
Limited, Ambrian Commodities Limited and Ambrian Metals Limited. 
 
Ambrian Partners Limited is a specialist investment bank focussed on the metals 
& mining, oil & gas, and cleantech sectors. It provides corporate finance 
advice, equity research, sales and trading and market making services. Ambrian 
Partners was ranked first in both the Extel UK Small Cap survey (Metals & Mining 
category) and the Hemscott 2nd Quarter 2009 Advisers Rankings Guide (AIM Basic 
Materials Sector). Ambrian Partners is a member of the London Stock Exchange and 
is authorised and regulated by the Financial Services Authority. 
Ambrian Commodities Limited is a trader and broker specialising in London Metals 
Exchange cleared base metals futures and options. Its customers include metals 
producers, consumers, merchants, traders and financial investors. Ambrian 
Commodities is an Associate Broker Member of the London Metal Exchange and is 
authorised and regulated by the Financial Services Authority. 
Ambrian Metals Limited is an independent physical metals trader with particular 
strengths in copper, aluminium and lead. Through Ambrian Metals' offices in 
London and Shanghai and agents in Calcutta, New York, Santiago, São Paulo, Seoul 
and Tokyo, it sources non-ferrous metals from producers for distribution to an 
international client base of metals consumers and merchants. 
Further information on Ambrian Capital is available on the Company's website: 
www.ambrian.com 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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