ICI » Topics » ITEM 16E - PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS

This excerpt taken from the ICI 20-F filed Mar 31, 2006.

ITEM 16E – PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS

Neither the Company nor any of its “affiliated purchasers” purchased equity securities of the Company between January 1, 2005 and December 31, 2005.

Pursuant to shareholder resolutions approved at the Annual General Meetings of the Company for 2004 and 2005, during 2004 and 2005, respectively, the Company was unconditionally and generally authorized to make market purchases (within the meaning of section 163 (3) of the (UK) Companies Act 1985) as follows:

      Amount approved     
Share repurchase      Ordinary Shares of £1     
authorisations  Date announced    each   Expiration date 






Authorisation pursuant to shareholder resolution at 2004
Annual General Meeting
May 26, 2004    119,120,038    May 25, 2005 
Authorisation pursuant to shareholder resolution at 2005
Annual General Meeting
May 25, 2005    119,123,822    May 24, 2006 

As noted in the second paragraph (beginning “The Group has acquired, or is committed to acquire….”) under the heading “Notes relating to the Group accounts – Note 26 – Reconciliation of changes in equity – Limitation of borrowings”, which appears on page 99 under Item 18 “Financial Statements” of this Annual Report on Form 20-F, the Group has acquired or is committed to acquire under forward contracts, shares in the Company, which include collateral requirements relating to the prevailing price of shares in the Company.

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Part III

This excerpt taken from the ICI 20-F filed Apr 1, 2005.

ITEM 16E – PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS

     Neither the Company nor any of its “affiliated purchasers” purchased equity securities of the Company between January 1, 2004 and December 31, 2004.

     Pursuant to shareholder resolutions approved at the Annual General Meetings of the Company for 2003 and 2004, during 2004 the Company was unconditionally and generally authorized to make market purchases (within the meaning of section 163 (3) of the (UK) Companies Act 1985) as follows:

Share repurchase
Authorisations
    Date announced     Amount approved
Ordinary Shares of £1 each
    Expiration date  
Authorisation pursuant to shareholder resolution at 2003 Annual General Meeting     May 22, 2003     119,120,015     May 26, 2004  
Authorisation pursuant to shareholder resolution at 2004 Annual General Meeting     May 26, 2004     119,120,038     May 25, 2005  

The information set forth in the second paragraph (beginning “As regards the latter, the Group is committed via a trust. . .”) under Item 5(E) “Off-Balance Sheet Arrangements” of this Annual Report on Form 20-F, which appears on page 32 of this Annual Report on Form 20-F, is incorporated herein by reference.

 

Part III

EXCERPTS ON THIS PAGE:

20-F
Mar 31, 2006
20-F
Apr 1, 2005

"ITEM 16E - PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS" elsewhere:

Mitsui (MITSY)
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