TIDMTBGR

RNS Number : 0611A

Tiso Blackstar Group SE

21 December 2017

Tiso Blackstar Group SE

(Incorporated in England and Wales)

(Company number SE 110)

(registered as an external company with limited liability in the Republic of South Africa under registration number 2011/008274/10)

LSE Ticker: TBGR

JSE Share code: TBG

ISIN: GB00BF37LF46

("Tiso Blackstar" or the "Company")

Transaction in own shares

Tiso Blackstar announces that on 20 December 2017 it purchased 141,594 ordinary shares of EUR0.76 each in the Company (the "Shares") at a price of R7.18 (GBP0.42) per share. The purchased Shares are expected to be held in treasury in accordance with applicable law.

The Company has a total of 272,307,233 shares in issue and, following the above purchase, excluding the treasury shares the issued share capital of the Company will be 265,016,123. The number of Shares purchased represents 0.0520% of the total shares in issue.

The Company has awarded in total 7,028,322 shares to all participants ("Participants") under the Management Incentive Scheme ("MIS"), these shares are disclosed as treasury shares for accounting purposes. However, they have been committed to meeting the Company's obligations to Participants under the MIS and the Participants have the right to vote these shares.

The Company has a total of 7,291,110 treasury shares in issue.

Tiso Blackstar confirms that, following the awards above, the Concert Party, as defined in the circular posted to shareholders dated 26 May 2017, now holds 34.06% of the Company's total voting rights.

London

21 December 2017

 
 For further information, please contact: 
 Tiso Blackstar Group                             +44(0) 20 7887 
  SE                           Leanna Isaac        6017 
 Northland Capital Partners    Tom Price/Jamie    +44(0) 20 3861 
  Limited                       Spotswood          6625 
                                                  +27(0) 11 550 
 JSE Sponsor: One Capital      Sholto Simpson      5000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

December 21, 2017 05:30 ET (10:30 GMT)

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