Chenavari Capital Solutions Limited Transaction in Own Shares (9536T)
12 January 2017 - 6:00PM
UK Regulatory
TIDMCCSL
RNS Number : 9536T
Chenavari Capital Solutions Limited
12 January 2017
Chenavari Capital Solutions Limited (the Company)
12 January 2017
Transaction in Own Shares
The Company announces that on 11 January 2017 it purchased
106,000 ordinary shares at a price of 84.5 pence per share. The
shares purchased will be cancelled.
As announced on 13 December 2016, the Company has now entered
its Realisation Period during which capital will be returned to
Shareholders. The precise mechanism for any return of cash to
Shareholders will depend upon the relevant factors prevailing at
the time and will be at the discretion of the Board, but may
include a combination of capital distributions, share repurchases
and redemptions. The amount and frequency of such distributions
will be at the Company's absolute discretion.
Following the transaction the remaining shares in issue total
130,194,000 with no shares held in treasury. Therefore, the total
number of voting rights in the Company will be 130,194,000. This
figure may be used by shareholders and other investors 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 FCA's Disclosure Guidance and
Transparency Rules.
Further information in relation to the Company is available
at:
http://www.chenavaricapitalsolutions.com/
Enquiries:
Kirstie Sumarno
Chenavari Investment Managers
Email: ccslir@chenavari.com
Telephone: +44 20 7259 3600
This information is provided by RNS
The company news service from the London Stock Exchange
END
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