The Company announces that it will commence an initial share repurchase programme of the Company's ordinary shares up to a maximum consideration of £175m (the "Programme").
On 08 August 2018, the Company entered into a non-discretionary instruction with Merrill Lynch International ("Merrill Lynch") in relation to the purchase by Merrill Lynch, acting as principal, of ordinary shares in the Company's share capital (the "Shares") for an aggregate consideration of no greater than £175m. The purchase of Shares will take place during the period commencing on 09 August 2018 and ending no later than 21 November 2018.
https://www.investegate.co.uk/standard- ... 00122691X/