SThree plc ("SThree" or the "Company") announces that it has commenced an irrevocable, non-discretionary programme to purchase shares on its own behalf, to be held in treasury, during its close period. The programme commences on 24th June 2017 and runs up to 7am Monday 24th July 2017.
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 to 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 The Company confirms that it currently has no unpublished price sensitive information.
The maximum pecuniary amount allocated to the buy-back programme is £640,000 and the maximum number of shares that will be purchased is 200,000, for the purpose of shareholder returns.
Company Secretarial Assistant
0207 618 8000
|OAM Categories:||2.4. Acquisition or disposal of the issuer's own shares|
|End of Announcement||EQS News Service|