SMTP Summit Properties Limited

TIDMSMTG

RNS Number : 8586J

Summit Germany Limited

07 December 2018

Summit Germany Limited

(the "Company")

Result of Buy-back and total voting rights

Summit Germany Limited is pleased to announce that, further to its announcement on 3 December 2018, the Buy-back was fully taken up. The Company has repurchased and cancelled 8,119,658 ordinary shares of no par value in the capital of the Company ("Ordinary Shares") at a purchase price of EUR1.17 per Ordinary Share, returning EUR9.5 million to shareholders in accordance with the approval granted by shareholders at the general meeting of the Company held on 18 July 2018.

Total voting rights

Following completion of the Buy-back, the Company has 457,280,204 Ordinary Shares in issue and admitted to trading on AIM with no Ordinary Shares in treasury. The number of Ordinary Shares in issue and the figure to be used as the denominator for calculations of interests in the Company's voting rights, is 457,280,204 Ordinary Shares.

Capitalised terms not otherwise defined in this announcement shall have the meaning given to them in the announcement of 3 December 2018.

For further information please contact:

 
Summit Germany Limited                         Tel: +44 (0) 1481 700 300 
Zohar Levy - Managing Director 
Itay Barlev (Braun) - Finance Director 
 
Non-Executive Chairman                         Tel: +44 (0) 20 7451 7050 
Harry Hyman 
 
Carey, Company Secretary                       Tel: +44 (0) 1481 700 300 
Sara Bourne 
 
Liberum Capital Limited, Nominated Adviser     Tel: +44 (0) 20 3100 2222 
 and Joint Broker 
Chris Clarke / Gillian Martin / Owen Matthews 
 
Cenkos Securities, Joint Broker                Tel: +44 (0) 20 7397 8900 
Mark Connelly 
Russell Kerr / Selwyn Jones (Broking) 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCTRBITMBMMBBP

(END) Dow Jones Newswires

December 07, 2018 09:03 ET (14:03 GMT)

Summit Properties (LSE:SMTP)
Historical Stock Chart
From Apr 2024 to May 2024

Summit Properties (LSE:SMTP)
Historical Stock Chart
From May 2023 to May 2024