Telecom Plus PLC Transaction in Own Shares (6608U)

TIDMTEP

RNS Number : 6608U

Telecom Plus PLC

13 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:                         13 July 2018 
 Number of shares purchased (aggregated 
  volume):                                 30,126 
 Highest price paid per share (pence):     1,122 pence 
 Lowest price paid per share (pence):      1,110 pence 
 Volume weighted average price paid        1,116.2316 
  per share (pence):                        pence 
 

Following these transactions GBP1.5m of the buy-back programme remains outstanding.

Following the purchase of these shares, Telecom Plus holds 348,780 ordinary shares as treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 78,131,047 shares. All of the shares have equal voting rights. This figure 78,131,047 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 : +44 (0)208 
                     955 5000 
 David Baxter 
 
 
 Peel Hunt LLP      Tel : +44 (0)207 
                     418 8900 
 Dan Webster 
 George Sellar 
 

Schedule of Purchases - Individual Transactions

 
 Number of shares   Transaction price    Time of transaction   Trading venue 
  purchased          (pence per share) 
 5000               1122                 09:42:29              LSE 
 3837               1110                 12:08:16              LSE 
 21,289             1116                 15:20:31              LSE 
 

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July 13, 2018 12:52 ET (16:52 GMT)