31 January 2013
DAILY MAIL AND GENERAL TRUST PLC ("DMGT")
DMGT close period share repurchase programme
DMGT ("the Company") announces that it has commenced, through Credit Suisse
Securities (Europe) Ltd, an irrevocable, non-discretionary programme to
purchase shares on its own behalf, to be held in treasury, during its close
period which commences on 1 February 2013 and ends on 6 February 2013 with the
release of the Company's Interim Management Statement.
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 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The Company confirms that it currently has no unpublished price sensitive
These arrangements form part of the Company's share buy-back programme
announced on 22 November 2012 and in accordance with the authority granted by
shareholders at the Company's Annual General Meeting on 8 February 2012.
Name and contact number for queries:
Claire Chapman, DMGT General Counsel & Company Secretary: 0203 615 2653
Daily Mail and General Trust plc
2 Derry Street
London W8 5TT
Registered in England and Wales No. 184594
-0- Feb/01/2013 07:00 GMT
Press spacebar to pause and continue. Press esc to stop.