PHSC plc (“the Company”)
The Company yesterday used its discretionary authority to purchase 25,000 ordinary shares at a price of 43.5 pence per ordinary share and 25,000 ordinary shares at a price of 43 pence per ordinary share. These 50,000 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 11,521,019 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)