Conygar Investmnt Co - Share Buyback Programme
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THE CONYGAR INVESTMENT COMPANY PLC
Potential transactions in own shares during close period
The Conygar Investment Company PLC ("Conygar" or "Company"), the property investment and development group, announces that the Company will shortly enter into a close period ahead of the notification of its audited annual results for the year ended 30 September 2020 (the "Close Period"). The Company expects to announce its annual results on or around 24 November 2020.
Pursuant to the share buyback authority approved by shareholders on 8 January 2020 (the "Authority"), the Company has appointed Liberum Capital Limited ("Liberum") to manage an irrevocable, non-discretionary share buyback programme to repurchase on its behalf, and within certain parameters, ordinary shares in the Company, which will be held as treasury shares, during the Close Period.
The Company and its directors have no power to invoke any changes to the above programme and they will be conducted at the sole discretion of Liberum. If the Authority is exhausted during the Close Period, Liberum will be permitted to continue executing the buyback provided a refreshed authority is approved by the Company's shareholders in a general meeting.