Minds + Machines Group Limited Transaction in Own Shares (6661H)
December 04 2020 - 11:06AM
UK Regulatory
TIDMMMX
RNS Number : 6661H
Minds + Machines Group Limited
04 December 2020
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 11 Nov
2020:
Date of purchase: 04 Dec 2020
Number of Ordinary Shares purchased: 300,795
Highest price paid per Ordinary
Share: 5.09p
Lowest price paid per Ordinary Share: 5.09p
Volume weighted average price per
Ordinary Share: 5.09p
The purchased Ordinary Shares will be cancelled.
Following the repurchase and cancellation of Ordinary Shares set
out above, the Company's issued share capital consists of
886,404,004 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 880,566,844 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: 04 Dec 2020
Aggregate Information:
Aggregated volume 300,795
Volume weighted average price 5.09p
Venue XLON
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
Tony Farrow - CEO Via Belvedere Communications
Bryan Disher - CFO Limited
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) 20
3687 2754
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 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 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.
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