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UK Estates plans share buy-back

UK Estates plans a share buy-back of almost £1m through marketpurchases by tender. It is offering to repurchase up to 3.22m ordinaryshares at 28p and up to 42,047 6% cumulative convertible preference sharesat 84p.

The offer comes through the company’s broker, Peel Hunt.

  • Financial Times 08/01/98 page 24

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