Purchase of own shares
24 July 2009
PHSC plc (“the Company”)
The Company announces that it used its discretionary authority today to purchase 500,000 ordinary shares through the market at a price of 18 pence per ordinary share. These 500,000 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 10,576,019 Ordinary Shares in issue. The Company does not hold any shares in treasury.
PHSC plc
Stephen King 01622 717700
Stephen.king@phsc.co.uk
www.phsc.plc.co.uk
Ruegg & Co Limited
Gavin Burnell 020 7584 3663
gburnell@ruegg.co.uk
Hichens, Harrison & Co. plc
Daniel Briggs (Tel: 020 782 7776)
Daniel.briggs@hichens.com
