Share Buyback
23 Janeiro 2009 - 10:33AM
UK Regulatory
TIDMGNE
RNS Number : 1674M
GNE Group PLC
23 January 2009
GNE Group plc
("GNE" or "the Group")
Update on share buyback
Further to the announcement made on 15 January 2009 the Company has now bought
back shares equal to its distributable reserves in its last audited accounts
filed at Companies House. The Company will consider any further buyback of its
shares following the general meeting which will consider the circular referred
to in the RNS announcement dated 15 January 2009.
The circular which the company is intending to send to shareholders regarding
its change of investing strategy, among other matters, including the buyback of
its shares, is intended to be sent to shareholders no later than 28 February
2009.
For further information:
GNE Group plc
David Port Tel: +44 (0) 870 241 0454
www.gnegroup.co.uk
Seymour Pierce
Richard Feigen / Sarah Jacobs Tel: +44 (0) 20 7107 8000
www.seymourpierce.com
Media enquiries:
Abchurch
Henry Harrison-Topham/ Ariane ComstiveTel: +44 (0) 20 7398 7702
henry.ht@abchurch-group.comwww.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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