PHSC plc (“the Company”)
The Company yesterday used its discretionary authority to purchase 25,000 ordinary shares on the market at a price of 53.5pence per ordinary share. These 25,000 shares will be cancelled. The Directors believe that it is appropriate to continue to purchase shares for cancellation at current price levels when cash flow permits, and this will improve earnings per share. Following their cancellation, PHSC plc will have a total of 9,770,504 Ordinary Shares in issue.
For further information please contact:
Ruegg & Co Limited
Gavin Burnell 020 7584 3663
Hichens, Harrison & Co. plc
Daniel Briggs (Tel: 020 782 7776)