Honeycomb Investment Trust PLC Share Buy-Back (7295O)
June 02 2020 - 11:30AM
UK Regulatory
TIDMHONY
RNS Number : 7295O
Honeycomb Investment Trust PLC
02 June 2020
2 June 2020
Honeycomb Investment Trust plc
("Honeycomb" or the "Company")
Share Buy-Back
Honeycomb Investment Trust plc announces that the board has
authorised an on-market buyback by the Company of up to 735,000
ordinary shares of 1 penny each ("Ordinary Shares"), at a price of
680p per Ordinary Share, under the authority granted at Honeycomb's
annual general meeting on 6 June 2019 (the "Buyback"). Liberum has
been appointed to effect the Buyback on the Company's behalf.
The Company has 39,449,919 Ordinary Shares in issue, of which
2,200,000 Ordinary Shares are held in treasury. Ordinary Shares
purchased by the Company pursuant to the Buyback will be held in
treasury.
Shareholders should be aware that a purchase of Ordinary Shares
by the Company on any trading day may represent a significant
proportion of the daily trading volume in the Ordinary Shares and
could exceed 25 per cent of the average daily trading volume of the
preceding 20 business days.
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"),
and is disclosed in accordance with the Company's obligations under
Article 17 of MAR.
Pollen Street Capital - Investment Manager
Chris Palmer / Steve Plowman: +44 (0)20 3728 6740
Liberum Capital Limited - Broker
Chris Clarke: +44 (0)20 3100 2000
Camarco - Investor Relations
Ed Gascoigne-Pees: +44 (0)20 3757 4994
Link Company Matters Limited - Corporate Secretary
Paula O'Reilly: +44 (0)20 7954 9796
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
POSSSAFIEESSEEM
(END) Dow Jones Newswires
June 02, 2020 11:30 ET (15:30 GMT)
Honeycomb Investment (LSE:HONY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Honeycomb Investment (LSE:HONY)
Historical Stock Chart
From Jul 2023 to Jul 2024