Phaunos Timber Fund Limited Transaction in Own Shares (5369L)
04 October 2016 - 1:13AM
UK Regulatory
TIDMPTF
RNS Number : 5369L
Phaunos Timber Fund Limited
03 October 2016
Phaunos Timber Fund Limited
("Phaunos" or the "Company")
October 3, 2016
Transaction in own shares
Phaunos Timber Fund Limited announces that on 30 September 2016
the Company purchased 1,000,000 ordinary shares at no par value, to
be held in treasury, at a price of 41 cents per share.
Following this purchase the Company's issued share capital
consists of 553,554,832 Ordinary Shares with voting rights and in
addition 17,660,045 Ordinary Shares held in Treasury.
Accordingly, 553,554,832 Ordinary Shares may be used by
shareholders 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 interests in, the Company under the FCA's
Disclosure and Transparency Rules.
Enquiries:
Stafford Capital Partners Limited (Manager)
Michael Goodfellow, +44 (0)20 7535 4915
Winterflood Investment Trusts (Corporate Broker)
Joe Winkley, +44 (0)20 3100 0301
Phaunos Timber Fund Limited (Chairman)
Sir Henry Studholme
info@phaunostimber.com
Notes to Editors
The Company is a Guernsey-domiciled authorised closed-ended
investment scheme authorised by the Guernsey Financial Services
Commission under section 8 of The Protection of Investors
(Bailiwick of Guernsey) Law, 1987 (as amended) and the Authorised
Closed-ended Investment Schemes Rules 2008 made thereunder.
Its ordinary shares are listed on the Main Market of the London
Stock Exchange. Its investment objective is to provide shareholders
with attractive long term total returns, expected to be in the form
of capital appreciation but with some income, through a diversified
portfolio of timberland and timber-related investments.
Stafford Capital Partners Limited was founded in 2000 and has
specialist investment teams in agriculture, infrastructure, private
equity, sustainable capital, timber and venture capital. As at 30
June 2016 Stafford has over US$4.4bn under management and advice
with US$2.0bn in timberland investments. Stafford was appointed as
Manager on 1 July 2014. (www.staffordcp.com)
The Company's ticker is PTF.
Website www.phaunostimber.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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