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

POSOKDDBOBKDBDD

(END) Dow Jones Newswires

January 12, 2017 02:00 ET (07:00 GMT)

Chenavari Capital Soluti... (LSE:CCSL)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Chenavari Capital Soluti... Charts.
Chenavari Capital Soluti... (LSE:CCSL)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Chenavari Capital Soluti... Charts.