Thalassa Holdings Limited Share Buy-Back (6771U)
26 November 2019 - 9:02PM
UK Regulatory
TIDMTHAL
RNS Number : 6771U
Thalassa Holdings Limited
26 November 2019
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa", "THAL" or the "Company")
Share Buy-Back
The board of Thalassa announces that on 25 November 2019 the
Company purchased 25,000 of its ordinary shares at a price of 63
pence per share. These shares will be held in treasury and in total
there are now 9,325,239 ordinary shares in treasury. This purchase
was made in accordance with the Company's Articles of Association
and with a board authority dated 5 March 2019 to buy back up to
GBP6,000,000.00 of the Company's shares.
As at the date hereof, the Company has purchased 1,412,992
ordinary shares under this authority for a total cost of
GBP950,546.95 at an average price of 67.27 pence per share. The
average purchase price of the total number of shares held in
treasury, 9,325,239 shares, is 69.97 pence per share for a cost of
GBP6,524,790.62.
The Company advises that, following this purchase, the Company's
issued ordinary share capital remains at 25,567,522 shares being
the only securities in issue and admitted to the standard listing
segment of the Official List of the UK Listing Authority (the
"Official List") and to trading on London Stock Exchange plc's main
market ("Main Market") for listed securities. The total number of
shares with voting rights is now 16,242,283 (excluding the
9,325,239 shares held in treasury) carrying one vote each. 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.
The ISIN for the Thalassa ordinary shares is VGG878801031.
Enquiries:
Thalassa Holdings Ltd
--------------------
+33 (0)6 78 63 26
Duncan Soukup (Executive Chairman) 89
--------------------
WH Ireland Limited (Financial Adviser) +44 (0)207 220 1650
--------------------
Chris Fielding, Managing Director, Corporate
Finance
--------------------
www.thalassaholdingsltd.com
Note to Editors:
Thalassa Holdings Ltd, incorporated and registered in the BVI,
is a holding company with various interests across a number of
industries.
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
POSCKADPCBDKFDB
(END) Dow Jones Newswires
November 26, 2019 05:02 ET (10:02 GMT)
Thalassa (LSE:THAL)
Historical Stock Chart
From Apr 2024 to May 2024
Thalassa (LSE:THAL)
Historical Stock Chart
From May 2023 to May 2024