Brierley Investments - Purchase of Own Securities
01/11/1999 1:06pm
UK Regulatory
RNS Number:0384A
Brierley Investments Limited
1 November 1999
DETAILS OF ACQUISITION OF SHARES UNDER CASH BUYBACK
Brierley Investments Limited (BIL) gives notice that on 1 November 1999 it
acquired 1,639,111 (0.6%) of its ordinary shares under its cash buyback offer
(announced on 7 September 1999) through the order matching market of the New
Zealand Stock Exchange.
The prices at which the shares were acquired are as follows:
Number Price per Share
of Shares NZ$
500,000 0.45
1,139,111 0.44
The Board authorised the cash buyback on 6 September 1999.
The number of fully paid ordinary shares in BIL on issue after the acquisition
is 2,758,837,452.
The shares acquired are not being held as treasury stock.
M B Horton
Company Secretary
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