Transaction in own shares and Blocklisting update
Further to the announcement made by Sagentia Group plc (AIM: SAG) on 28 November 2011 that an application had been made to the London Stock Exchange for the admission to trading on AIM of a blocklisting of 318,440 ordinary shares of 1 pence each, the Company can confirm that to date all 318,440 shares have been allotted and issued.
The blocklisting was put in place to cover exercises of shares arising from the Group's various share option schemes. The new ordinary shares rank pari passu in all respects with the Group's existing Ordinary Shares.
On 15 November the Company issued 9,111 treasury shares in settlement of the exercise of share options and purchased 15,000 of its 1p ordinary shares at an average price of 86.0p. The highest price paid per share was 86.0p and the lowest price paid per share was 86.0p. Sagentia purchased these shares through Numis Securities Limited.
The number of shares purchased represented 0.04% of the voting rights attributable to the total ordinary shares in issue prior to such purchase. The purchased shares will be held in treasury.
Sagentia has purchased to date 9.05% of its own shares.
The total number of ordinary shares in issue (excluding treasury shares) following this announcement is 38,235,591. Sagentia holds 3,806,444 shares in treasury.
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For further information:
Sagentia Group plc
Martyn Ratcliffe, Executive Chairman
Tel: +44 (0) 1223 875 200
Neil Elton, Finance Director
Numis Securities Limited
Nominated Adviser: Oliver Cardigan / Simon Willis
Corporate Broking: James Serjeant
Tel: +44 (0) 20 7260 1000
Henry Harrison-Topham / Jamie Hooper
Tel: +44 (0) 20 7398 7719