Next PLC (NXT) - Transaction in Own Shares RNS Number : 5828P Next PLC 25 October 2012 Next plc Off-market purchases by way of contingent purchase contract by the Company of ordinary shares for cancellation Next plc announces today that, pursuant to the contingent forward purchase contract it entered into with HSBC Bank plc on 4 October 2012, it has today purchased 25,000 ordinary shares for cancellation at a price of 3439.51 pence per share. Following these purchases, the Company's registered share capital consists of 163,633,704 ordinary shares of 10 pence each. All of the ordinary shares have equal voting rights and there are no shares held in Treasury. This figure may be used by shareholders to determine if they are required to notify their interest, or a change to their interest, in Next plc under the FSA's Disclosure and Transparency Rules. A J R McKinlay Company Secretary Next plc Editorial note: Under the contingent contract, the Company may purchase a fixed number of shares each week in the period to 2 May 2013, at a fixed price that is at a discount to the market price prevailing at the start of the contract period. The contract is contingent in that it would terminate early, and no further shares would be purchased, if the Company's share price increases to a pre-determined suspension level during the contract period. This suspension level has been set at the start of the contract and is between 104% and 110% of the Company's share price at the start of the contract. This information is provided by RNS The company news service from the London Stock Exchange END POSFEMFMIFESESS -0- Oct/25/2012 16:07 GMT
Next PLC NXT Transaction in Own Shares
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