Source - SMW
Engineering group Plexus Holdings said it had agreed to buy back shares in the company owned by Gusar for £2.5m.

The deal would allow Gusar to finance the purchase of two of Plexus's wellhead engineering systems and associated equipment, expediating their adoption in Russia, the company said.

Plexus said it would seek shareholder approval for the buy back at a meeting in London on 1 February.

At 9:51am: (LON:POS) Plexus Holding PLC share price was 0p at 50.5p