Thalassa Holdings Limited Share Buy-Back (2090O)
August 17 2017 - 2:00AM
UK Regulatory
TIDMTHAL
RNS Number : 2090O
Thalassa Holdings Limited
17 August 2017
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa", "THAL" or the "Company")
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa" or "the Company")
Share Buy-Back
The board announces that on 16 August 2017 the Company purchased
187,500 of its shares at a price of 85 pence per share. These
shares will be held in treasury and in total there are now
3,821,157 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
712,500 shares under this authority for a total cost of GBP548,875
or an average price of 77.04 pence per share. The average purchase
price of the total number of shares held in treasury is 49.52 pence
per share for a cost of GBP1,892,133.
The Company advises that, following this purchase, the Company's
issued share capital remains unchanged at 25,067,522. The total
number of shares with voting rights is now 21,246,365. 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 currently with positions in
the Energy Services, Defence and Homeland Security and Real
Estate.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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