Minds + Machines Group Limited Transaction in Own Shares (9196I)
December 16 2020 - 11:52AM
UK Regulatory
TIDMMMX
RNS Number : 9196I
Minds + Machines Group Limited
16 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: 16 Dec 2020
Number of Ordinary Shares purchased: 300,000
Highest price paid per Ordinary
Share: 5.0p
Lowest price paid per Ordinary Share: 5.0p
Volume weighted average price per
Ordinary Share: 5.0p
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
875,943,996 Ordinary Shares. For reporting under the FCA's
Disclosure Guidance and Transparency Rules, shareholders should use
the figure of 875,943,996 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: 16 Dec 2020
Aggregate Information:
Aggregated volume 300,000
Volume weighted average price 5.0p
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 2756
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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END
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