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DJ MECP Transaction in Own Shares

 
TIDMMECP 
 
 

Mechan Controls PLC ("Mechan" or "Company")

 

Purchase of Own Shares

 

The Board of Mechan announces that on 31 October 2016 it purchased 198,900 ordinary shares of 2.5p each in the Company (ISIN: GB0033495515) at a price of 243.75 pence per share.

 

As at close of business on 31 October 2016 the Company's issued share capital comprised 2,000,000 ordinary shares of 2.5 pence each. The shares purchased will be held in treasury pending proposals for cancellation being placed before shareholders.

 

The Directors of Mechan take responsibility for this announcement.

 
 

View source version on businesswire.com: http://www.businesswire.com/news/home/20161101006252/en/

 
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(END) Dow Jones Newswires

November 01, 2016 11:23 ET (15:23 GMT)