Minds + Machines Group Limited Transaction in Own Shares (2349R)
October 25 2019 - 12:26PM
UK Regulatory
TIDMMMX
RNS Number : 2349R
Minds + Machines Group Limited
25 October 2019
For immediate release
Minds + Machines Group Limited
("MMX" or the "Company")
Transaction in Own Shares
Minds + Machines Group Limited (AIM: MMX), the top-level domain
registry company, announces that it has made the following purchase
of ordinary shares of no par value ("Ordinary Shares") pursuant to
the share buyback programme (the "Programme") announced on 26 July
2019:
Date of purchase: 25 Oct 2019
Number of Ordinary Shares purchased: 1,385,520
Highest price paid per Ordinary
Share: 6.00p
Lowest price paid per Ordinary Share: 6.00p
Volume weighted average price per
Ordinary Share: 6.00p
Following the repurchase of Ordinary Shares set out above, the
Company's issued share capital consists of 924,857,562 Ordinary
Shares, 5,837,160 of which are held in Treasury. For reporting
under the FCA's Disclosure Guidance and Transparency Rules,
shareholders should exclude any shares held in Treasury and should
use the figure of 919,020,402 Ordinary Shares (the issued voting
share capital) when determining if they are required to notify
their interest, or a change of their interest in the Company.
The Company will make further announcements in due course
following the completion of any further purchases pursuant to the
Programme.
In accordance with Article 5(1)(b) of the Market Abuse
Regulation (EU) No 596/2014 details of the purchase of its own
Ordinary Shares by the Company, which were all executed through the
Company's broker, finnCap Ltd, are set out below:
Schedule of Purchases:
Shares purchased: Minds + Machines Group Limited (ISIN: VGG614091012)
Date of purchase: 25 October 2019
Aggregate Information:
Aggregated volume 1,385,520
Volume weighted average price 6.00p
Venue XLON
Individual Transactions:
--------------------------
Date of purchase Time of purchase Number of Ordinary Price paid per
Shares purchased: Ordinary Share
(p)
---------------
25/10/2019 08:38:49 1,285,520 6.00
---------------- -------------------- ---------------
25/10/2019 12:38:03 100,000 6.00
---------------- -------------------- ---------------
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
*- ends - *
For further information
Minds + Machines Group Limited
Toby Hall, CEO Tel: +44 (0) 7713
341072
Michael Salazar, CFO Tel: +1 (310) 740
7499
finnCap Ltd Tel:+ 44 (0) 20
7220 0500
Corporate finance - Stuart Andrews/Carl
Holmes/Simon Hicks
ECM - Tim Redfern/Richard Chambers
Belvedere Communications Limited Tel: +44 (0) 74
070 23147
John West
Llew Angus
About MMX
Minds + Machines Group Limited (LSE: MMX) is the owner of a
world class portfolio of 32 ICANN approved top-level domains
(gTLDs). The Company generates revenues through the registration
and annual renewal of names by organisations and individuals within
each of its top-level domains, sales being processed through the
Group's network of global registrar and distribution partners.
The MMX portfolio is currently focused around generic names
(e.g. .work, .vip), consumer interest (e.g. .fashion, .wedding),
lifestyle (e.g. .fit, .surf, .yoga), professional occupations (e.g.
.law), and geographic domains (e.g. .london, .boston, .miami,
.bayern). In 2018, the Company completed its first acquisition, the
ICM portfolio, and recently launched its first innovation based
project, .luxe, which combines the strengths of the World Wide
Web's naming system with that of blockchain. For more information
on MMX and its rapidly growing renewal base, please visit
www.mmx.co.
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
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
POSBLBDGXDDBGCU
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