CUPID | Share Buy Back | RNS
1 February 2013
On behalf of:
Cupid plc ('Cupid', the 'Company' or the 'Group')
Cupid announces that it has today purchased 50,500 of its ordinary shares of 2.5p each at a volume weighted average price paid per share of 183.05p. The highest price paid per share was 185p and the lowest price paid per share was 181.25p. Cupid purchased these shares through Peel Hunt LLP.
The number of shares purchased represents 0.06% of the voting rights attributable to the total ordinary shares in issue prior to such purchase. The purchased shares will be cancelled.
The total number of ordinary shares of 2.5p each in issue following this announcement is 84,153,971. Cupid holds no shares in treasury. Therefore the total number of voting rights in the Company following this announcement is 84,153,971.
Cupid has purchased 943,000 of its own shares since the commencement of the buy-back programme on 7 January 2013.
For further information please contact:
Tel: +44 (0)131 526 3600
Niall Stirling, CFO
Peel Hunt LLP (Nominated Adviser and Joint Broker)
Tel: +44 (0)207 418 8900
Numis Securities Ltd (Joint Broker)
Tel: +44 (0) 207 260 1000
Tel: +44 (0)207 566 6720
Notes to Editors
§ Cupid plc listed on AIM in June 2010 and is a leading provider of online dating services
§ Cupid has built significant and growing revenues in 15 countries.
§ Cupid offers a wide variety of online dating services allowing members to interact with each other and access the content available on the Group's websites. These websites are intended to appeal to dating users of diverse ages, cultures and social interest groups. The Group's most heavily visited websites include www.cupid.com, www.flirt.com, www.benaughty.com and www.girlsdateforfree.com. The Group also promotes the niche brands www.datingforparents.com, www.indiandating.com, www.loveagain.com and www.uniformdating.com.
§ Cupid plc products are available across the web and also via mobile application stores.
§ Further information on the Company can be found at www.cupidplc.com.
This information is provided by RNS