Transaction in Own Shares
January 17 2008 - 9:43AM
UK Regulatory
RNS Number:0161M
Commoditrade Inc.
17 January 2008
17 January 2008
Commoditrade Inc
("Commoditrade" or "the Company")
Transaction in own shares
Commoditrade announces that it has been informed that on 21 December 2007, its
broker purchased 3,800,000 Ordinary Shares of 0.1p each at an average price of
27.87 pence per share, pursuant to its share buyback programme.
The highest and lowest price paid for the shares was 28.0 pence and 27.5 pence
respectively. All the purchased shares will be cancelled.
The number of Ordinary Shares purchased to date represents 10.88% of the voting
rights attributable to the total Ordinary Shares in issue prior to such
purchases.
The Company has 340,693,114 Ordinary Shares in issue.
The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company.
For enquiries:
James Harris/Angela Peace
Strand Partners tel: +44(0)20 7409 3494
John Bick, Hansard Group tel: +44(0) 7917 649 362
This information is provided by RNS
The company news service from the London Stock Exchange
END
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