RAB Capital(RAB)

Sector:

General Financial

Index:

FTSE AIM 50

Market Cap

£245.92m

Change Today

Price Up1.75p

Share Price

49.00p

Transaction in Own Shares

RNS Number : 9583X
RAB Capital plc
01 July 2008
 



RAB Capital plc

(the "Company")


Transaction in own shares


The Company announces that, pursuant to the general authority granted by shareholders of the Company on 6 May 2008 to make market purchases of its own shares, the Company made market purchases of 250,000 ordinary shares of £0.001 each of the Company ("Shares") at an average price of 48 pence per share on 27 June 2008 and 4,000,000 Shares at an average price of 46.477 pence per shares on 30 June 2008, on a T+3 settlement basis. The Company intends to cancel these Shares.


Upon cancellation, the interests of the following Directors in the Company as a percentage of the new total issued capital will be as follows:




Number of Shares 

Percentage holding before buy back

Percentage holding after 
 
buy back

Michael Alen-Buckley

100,059,000

    19.733%

    19.822%

Lord Lamont

40,000

0.008%

0.008%

Christopher de Mattos

16,420,000

3.238%

3.253%

George Philips

15,876

0.003%

0.003%

Philip Richards

132,000,000

26.032%

26.150%

Derek Riches

600,000

0.118%

0.119%

Robert Shrager

20,000

0.004%

0.004%


    

Following the share purchases and cancellation, the Company will have 504,784,863 Shares in issue. There are no treasury shares in issue


30 June 2008




Enquiries:


RAB Capital plc


Christine Lee, Company Secretary

Tel: +44 (0)20 7389 7134



KBC Peel Hunt Ltd (Nominated Adviser and Broker)


Jonathan Marren


Oliver Stratton

Tel: +44 (0) 20 7418 8900



This information is provided by RNS
The company news service from the London Stock Exchange
 
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