Ibstock PLC Closed Period share repurchase programme (8803Q)

TIDMIBST

RNS Number : 8803Q

Ibstock PLC

01 July 2022

1 July 2022

Ibstock plc

Closed Period share repurchase programme

Ibstock plc (the "Company") announces that it has commenced an irrevocable, non-discretionary programme to purchase shares on its own behalf, for putting into treasury, during its closed period. The programme commences on 1 July 2022 and runs up to and including 27 July 2022.

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 The Company confirms that it currently has no unpublished price sensitive information.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:

 
 Ibstock plc                             01530 261 999 
 Nick Giles (Group Company Secretary) 
 
 
 
 Citigate Dewe Rogerson                  020 7638 9571 
 Kevin Smith 
 Holly Gillis 
 

About Ibstock Plc

Ibstock plc is a leading UK manufacturer of clay bricks and a diversified range of clay and concrete products. Its principal products are clay bricks, brick components, concrete roof tiles, concrete alternatives for stone masonry, concrete fencing and pre -- stressed concrete products.

The Group's two divisions are:

Ibstock Clay: The leading manufacturer by volume of clay bricks sold in the United Kingdom. With 16 manufacturing sites Ibstock Brick has the largest brick production capacity in the United Kingdom. It operates a network of 18 active quarries located close to its manufacturing plants. Ibstock Kevington provides masonry and pre-fabricated component building solutions, operating from 6 sites across the United Kingdom.

Ibstock Concrete: A leading manufacturer of concrete roofing, walling, flooring and fencing products, along with lintels and general concrete building products, with 14 manufacturing plants in the United Kingdom.

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July 01, 2022 02:00 ET (06:00 GMT)