ZPG PLC Share Purchase to Cover Warrant Exercises (2682I)
20 March 2018 - 8:05PM
UK Regulatory
TIDMZPG
RNS Number : 2682I
ZPG PLC
20 March 2018
20 March 2018
ZPG Plc
Share purchase to cover warrant exercises
ZPG Plc (LSE:ZPG) (the "Company") announces that, prior to its
accounting period end on 31 March 2018, it has entered into an
irrevocable, non--discretionary programme with Jefferies
International Limited to repurchase 590,000 ordinary shares of GBP
0.001 each in the capital of the Company (the "Shares") to satisfy
the exercise of warrants.
The purchase of the Shares will commence immediately and end no
later than 23 May 2018. The programme will be effected within
certain pre--set parameters, and in accordance with the Company's
general authority to repurchase shares granted to the Company by
shareholders at the AGM held on 30 January 2018, the EU Market
Abuse Regulation (596/2014), the Commission Delegated Regulation
(2016/1052) and Chapter 12 of the Financial Conduct Authority's
Listing Rules. The Company confirms that it currently has no
unpublished price sensitive information.
It is intended that the Shares bought back will be held in
Treasury, until released as required, to satisfy warrant
exercises.
-Ends-
For further information, please contact:
ZPG Plc
Ned Staple, General Counsel and Company Secretary -
ned.staple@zpg.co.uk / 020 3872 5658
Lawrence Hall, Director of Communications -
lawrence.hall@zpg.co.uk / 020 3872 5653
Rachael Malcolm, Head of Investor Relations -
rachael.malcolm@zpg.co.uk / 020 3872 5648
About ZPG Plc (www.zpg.co.uk)
ZPG Plc (LSE:ZPG) ("ZPG") owns and operates some of the UK's
most trusted digital brands that help empower smarter property and
household decisions including Zoopla, uSwitch, Money, PrimeLocation
and SmartNewHomes. We are also one of the leading residential
property data and software providers with a range of products
including Hometrack, Calcasa, TechnicWeb, Ravensworth, Alto, Jupix,
ExpertAgent, PropertyFile and MoveIT. Our websites and apps attract
over 50 million visits per month and over 25,000 business partners
use our services. ZPG was founded in 2007 and has a highly
experienced management team, led by Founder & CEO, Alex
Chesterman OBE.
Zoopla is the UK's most comprehensive property website, helping
consumers to research the market and find their next home by
combining hundreds of thousands of property listings with market
data and local information.
uSwitch is the UK's leading comparison website for home services
switching, helping consumers to find the best deal and save money
on their gas, electricity, broadband, TV, phone, banking and other
products.
Money is one of the UK's leading financial services comparison
websites, helping consumers compare products including mortgages,
loans, credit cards, bank accounts and insurance from more than 600
providers.
PrimeLocation is one of the UK's leading property websites,
helping house-hunters in the middle/upper tiers of the market find
their dream home from the top estate agents, letting agents and
property developers.
SmartNewHomes is the UK's leading website dedicated exclusively
to new homes, helping buyers understand the market and search for
new build homes from all the leading property developers across the
country.
Hometrack and Calcasa are leading providers of automated
property valuations and statistical property market insights in the
UK, the Netherlands and Australia to partners including mortgage
lenders, developers, investors, government agencies, housing
associations and others.
TechnicWeb is the UK's leading estate agency website design and
hosting business specialising in designing and operating
fully-responsive websites for the property sector.
Ravensworth is the UK's leading provider of print solutions to
estate agents and offers a comprehensive range of products and
services for every stage of the property marketing journey from
listing through to post-sale.
Alto, Jupix and ExpertAgent are some of the leading cloud-based
estate agency and property management software systems used by
thousands of property professionals across the UK for the
day-to-day management of inventory, marketing and
communications.
PropertyFile and MoveIT are innovative tools used by estate
agents to improve communication and efficiency with their customers
and to allow them to generate additional revenue streams via
referrals.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCPGUBAWUPRURU
(END) Dow Jones Newswires
March 20, 2018 05:05 ET (09:05 GMT)
ZPG (LSE:ZPG)
Historical Stock Chart
From Apr 2024 to May 2024
ZPG (LSE:ZPG)
Historical Stock Chart
From May 2023 to May 2024