Severn Trent PLC Transaction in Own Shares (4589M)
January 20 2016 - 6:53AM
UK Regulatory
TIDMSVT
RNS Number : 4589M
Severn Trent PLC
20 January 2016
SEVERN TRENT PLC
TRANSACTION IN OWN SECURITIES
Severn Trent Plc ("Severn Trent") announces today that it has
purchased the following number of its ordinary shares of 97 17/19
pence each ("Ordinary Shares") on the London Stock Exchange from
Morgan Stanley & Co. International PLC. Such purchase was
effected pursuant to irrevocable instructions issued by Severn
Trent to Morgan Stanley & Co. International PLC on 30 November
2015, as announced on the same day:
Ordinary Shares
Date of purchase: 19 January 2016
Number of Ordinary Shares purchased: 35,118
Price per Ordinary Share: GBP21.1057
The purchased shares will be held as treasury shares.
Following the above transaction, Severn Trent holds a total of
4,136,921 of its ordinary shares in treasury and has 235,205,960
ordinary shares in issue (excluding treasury shares).
Further to the announcement made on 30 November 2015, the
irrevocable purchase programme entered into with Morgan Stanley
& Co. International PLC (the "Programme") has been completed
today in accordance with its terms. As at today's date, a total of
GBP19,938,055 of shares have been repurchased under the Programme,
bringing the total amount of shares repurchased by the Company
since its announcement on 13 February 2015 to GBP110 million.
Contact:
David Lloyd-Seed
Head of Investor Relations
02477 715000
This announcement does not constitute, or form part of, an offer
or any solicitation of an offer for securities in any
jurisdiction.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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January 20, 2016 06:53 ET (11:53 GMT)
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