Spectra Systems Corporation Share Buy-Back (9854X)
08 May 2021 - 1:49AM
UK Regulatory
TIDMSPSY TIDMSPSC
RNS Number : 9854X
Spectra Systems Corporation
07 May 2021
Spectra Systems Corporation
("Spectra" or the "Company")
Share Buy-Back
The board of Spectra announces that on 6 May 2021 WH Ireland
Limited purchased for cancellation 100,000 of Spectra's common
shares (unrestricted line with ISIN US84756T1060) at a price of
172.16 pence per share. This purchase was made in accordance with
the Company's Byelaws and with a board authority dated 8 April 2019
for up to 4,500,000 of the Company's shares to be bought back. A
total of 1,046,000 common shares have been purchased and cancelled
under this authority.
The Company advises that, following this purchase and
cancellation, the Company's issued share capital now comprises
45,386,901 common shares as follows:
-- 1,052,662 shares in the Regulation S stock line ISIN number
USU8457D1091 (AIM:SPSC); and
-- 44,334,239 shares in the unrestricted line ISIN number
US84756T1060 (AIM:SPSY).
Spectra Systems has no Shares in treasury, therefore 45,386,901
may be used by shareholders, from Admission, as the denominator for
the calculations by which they will determine if they are required
to notify their interest in, or a change in their interest in, the
share capital of the Company under the FCA's Disclosure and
Transparency Rules.
Enquiries:
Spectra Systems Corporation
Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274
4700
WH Ireland Limited
Chris Fielding, Managing Director, Corporate Finance Tel: +44 (0) 20 7220 1650
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END
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