Tiso Blackstar Group SE Treasury Stock (3150C)
19 January 2018 - 7:00PM
UK Regulatory
TIDMTBGR
RNS Number : 3150C
Tiso Blackstar Group SE
19 January 2018
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")
Change in Treasury Shares
Tiso Blackstar announces that, on resignation of a Management
Incentive Scheme participant, 141,086 shares held by the Management
Incentive Scheme have reverted to the Company where they will be
held in treasury ("Transaction"). As a result the number of voting
shares is reduced from 272,007,233 to 271,866,147 (the "Voting
Rights Figure"). This Transaction occurred on 19 January 2018.
The Company has a total of 272,307,233 shares in issue. Of
these, there are 441,086 non-voting treasury shares and 6,887,236
are held under the Management Incentive Scheme. These Management
Incentive Scheme shares are disclosed as treasury shares for
accounting purposes, however they have been committed to meeting
the Company's obligations to participants under the Management
Incentive Scheme and the participants have the right to vote the
shares. On this accounting basis, there are a total 7,328,322
treasury shares.
The total number of voting rights in the Company is therefore
271,866,147. The Voting Rights Figure may be used by shareholders
as the denominator for the calculations by which they will
determine if they are required to notify their voting rights
interest, or a change to that interest, in the Company under the
FCA's Disclosure and Transparency Rules.
Tiso Blackstar confirms that, following the Transaction above,
the Concert Party, as defined in the circular posted to
shareholders dated 26 May 2017, now holds 34.1% of the Company's
total voting rights.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
London
19 January 2018
For further information, please contact:
Tiso Blackstar Group +44(0) 20
SE Leanna Isaac 78876017
Northland Capital Partners Tom Price / Jamie +44(0) 20
Limited Spotswood 3861 6625
+27(0) 11
JSE Sponsor: One Capital Sholto Simpson 550 5000
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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