Telecom Plus PLC Transaction in Own Shares (3021T)

TIDMTEP

RNS Number : 3021T

Telecom Plus PLC

02 July 2018

Telecom Plus PLC

Transaction in Own Shares

Telecom Plus PLC (TEP.L) ("Telecom Plus" or the "Company"), which supplies a wide range of utility services to both residential and business customers, announces that it has purchased (through Peel Hunt LLP acting as the Company's broker) the following number of its shares of 5p each on the London Stock Exchange. The purchased shares will be held as treasury shares.

The purchases were made pursuant to the GBP4.7m buy-back programme announced on 19 June 2018.

 
 Date of purchase:                                  2 July 2018 
 Number of shares purchased (aggregated volume):    28,344 
 Highest price paid per share (pence):              1,116 pence 
 Lowest price paid per share (pence):               1,116 pence 
 Volume weighted average price paid per share       1,116 pence 
  (pence): 
 

Following these transactions GBP3.3m of the buy-back programme remains outstanding.

Following the purchase of these shares, Telecom Plus holds 184,492 ordinary shares as treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 78,294,578 shares. All of the shares have equal voting rights. This figure 78,294,578 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases made by Peel Hunt on the Company's behalf is set out in the schedule below.

For further information:

 
 Telecom Plus PLC   Tel : [phone] 
 David Baxter 
 
 Peel Hunt LLP      Tel : [phone] 
 Dan Webster 
 George Sellar 
 

Schedule of Purchases - Individual Transactions

 
 Number of shares purchased   Transaction price    Time of transaction   Trading venue 
                               (pence per share) 
 28,344                       1116                 10:01:11              LSE 
 

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July 02, 2018 10:10 ET (14:10 GMT)