PHSC plc (“the Company”)
The Company announces that it used its discretionary authority on the 02 October 2008 to purchase 275,000 ordinary shares through the market at a price of 23 pence per ordinary share. These 275,000 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 11,076,019 Ordinary Shares in issue. The Company does not hold any shares in treasury.
Ruegg & Co Limited
Gavin Burnell 020 7584 3663
Hichens, Harrison & Co. plc
Daniel Briggs (Tel: 020 782 7776)