Purchase of own shares
22 January 2010
PHSC plc (“the Company”)
The Company announces that it used its discretionary authority on the 21st January 2010 to purchase 300,000 ordinary shares at a price of 16.6p pence per ordinary share. These 300,000 shares will be cancelled.
The Directors believe that it is appropriate to continue to purchase shares for cancellation at suitable prices when cash flow permits, and this will improve earnings per share.
Following their cancellation, PHSC plc will have a total of 10,381,973 Ordinary Shares in issue. The Company does not hold any shares in treasury.
For further information please contact:
Stephen King 01622 717700
Astaire Securities plc
Gavin Burnell 020 7448 4400