Retirement of repurchased own shares
The total number of holdings of own shares at 1 January 2018 was 1,236,507 and shares transferred in 2017 to an Employee Share Ownership Trust (“ESOT”) was 93,000. Including these shares the company’s holdings was 1,329,507 and the total number of shares in issue was 40,872,000.On 3 May 2018, the AGM resolved to retire 840,900 of the company’s own repurchased shares. The retirement of shares has been carried out through a reduction of share capital with retirement of shares and a subsequent bonus issue to restore the share capital. During 2018 the company have also transferred 95,020