Toro Limited Transfer of Treasury Shares (5143A)
25 March 2017 - 3:00AM
UK Regulatory
TIDMTORO
RNS Number : 5143A
Toro Limited
24 March 2017
Toro Limited (the Company)
24 March 2017
Transaction in Own Shares
The Company has arranged for the transfer of 800,181 Shares from
treasury to Chenavari Investment Managers Holdings, as nominee of
Chenavari Credit Partners LLP, pursuant to the performance fee
provisions of the portfolio management agreement dated 28 April
2015 between, inter alia, the Company and Chenavari Credit Partners
LLP, and as set out in the circular to shareholders dated 17
February 2017.
Settlement of the transfer is expected to occur on 24 March
2017.
Following the transaction the remaining shares in issue total
361,450,000 (unchanged), of which 22,928,953 shares are held in
treasury. Shares held in treasury carry no voting rights, therefore
the total number of voting rights in the Company will be
338,521,047. This figure may be used by shareholders and other
investors as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
Further information in relation to the Company is available
at:
http://www.torolimited.gg/
Enquiries:
Kirstie Sumarno
Chenavari Investment Managers
Email: tlir@chenavari.com
Telephone: +44 20 7259 3600
This information is provided by RNS
The company news service from the London Stock Exchange
END
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