Thalassa Holdings Limited Share Buy-Back (2669U)
23 October 2017 - 5:00PM
UK Regulatory
TIDMTHAL
RNS Number : 2669U
Thalassa Holdings Limited
23 October 2017
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa", "THAL" or the "Company")
Share Buy-Back
The board announces that on 20 October 2017 the Company
purchased 185,475 of its shares at a price of 87.50 pence per
share. These shares will be held in treasury and in total there are
now 4,451,632 shares in treasury. This purchase was made in
accordance with the Company's Articles of Association and with a
board authority dated 12 July 2017 to buy back up to GBP4,000,000
of the Company's shares. As at the date hereof, the Company has
purchased 1,342,975 shares under this authority for a total cost of
GBP1,103,869 or an average price of 82.20 pence per share. The
average purchase price of the total number of shares held in
treasury is 55.04 pence per share for a cost of GBP2,450,308.
The Company advises that, following this purchase, the Company's
issued share capital remains at 25,567,522. The total number of
shares with voting rights is now 21,115,890. This figure represents
the total voting rights in the Company and may be used by
shareholders as the denominator for the calculations by which they
can determine if they are required to notify their interest in, or
a change to their interest in, the Company in compliance with
Thalassa's Articles of Association.
Investor Enquiries:
Thalassa Holdings Ltd
Duncan Soukup, Chairman +33 (0)6 78 63 26 89
WH Ireland Limited (Nominated Adviser and Broker)
Chris Fielding, Head of Corporate Finance +44 (0)207 220 1650
www.thalassaholdingsltd.com
Note to Editors:
Thalassa Holdings Ltd, incorporated and registered in the BVI
and quoted on AIM, is a holding company with various interests
across a number of industries.
This information is provided by RNS
The company news service from the London Stock Exchange
END
POSUURRRBBARUUA
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