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Shore Capital Group Limited – Transaction In Own Shares
Hamilton, Bermuda – 19 October, 2010 – Shore Capital Group Limited (the “Company”; Ticker: SGR.BH) announces that it purchased 1,697,494 of its ordinary shares at an average price of 25p per share on Monday, 18 October, 2010. All of these shares will be cancelled.
Shore Capital Group Limited holds no ordinary shares as treasury shares.
Shore Capital Group Limited's issued share capital as at 18 October, 2010 consists of 244,450,877 ordinary shares which equates to the total number of voting rights in Shore Capital Group Limited. The cancellation will increase Howard Shore's holding (which is unchanged at 100,293,700 ordinary shares) to 41.03 per cent. from 40.75 per cent of the Company's issued ordinary share capital
The above figure of 244,450,877 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.
Further information on Shore Capital can be found at www.shorecap.co.uk
Contact information:
Shore Capital Group plc
Howard Shore +44 (0) 20 7468 7911