SimiGon Limited Transaction in Own Shares (6100G)
March 05 2018 - 1:00AM
UK Regulatory
TIDMSIM
RNS Number : 6100G
SimiGon Limited
05 March 2018
5 March 2018
SimiGon Ltd
("SimiGon" or "the Company")
Transaction in Own Shares and Total Voting Rights
SimiGon Ltd (LSE: SIM), a global leader in modeling, simulation
and training solutions, announces that, pursuant to the share
buyback programme (the "Programme") announced on 1 December 2017,
the Company purchased 225,000 ordinary shares of 0.01 NIS each in
the capital of the Company ("Ordinary Shares") at the price per
Ordinary Share of 15.218 pence ("Buyback Shares") through finnCap
Ltd (acting as the Company's broker) on 2 March 2018.
The Buyback Shares, along with any other Ordinary Shares
purchased by the Company pursuant to the Programme, will be held in
treasury.
Following the purchase of the Buyback Shares, the total number
of voting rights in the Company is 51,169,189 (excluding the
225,000 Ordinary Shares held in treasury). This figure may be used
by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest
in, or a change to their interest in, the Company.
The schedule below contains detailed information about the
purchases made by finnCap on behalf of the Company as part of the
Programme.
Date of purchase 2 March 2018
Aggregate number of Ordinary Shares 225,000 Ordinary Shares
purchased
The price paid per Ordinary Share 15.218 pence per Ordinary Share
For further information please contact:
Enquiries:
SimiGon Ltd
Ami Vizer, Chief Executive
Officer +1 (407) 951 5548
Efi Manea, Chief Financial
Officer
finnCap (NOMAD & Broker) +44 (0) 207 220 0500
Henrik Persson/Scott Mathieson
(corporate finance)
Stephen Norcross (corporate
broking)
About SimiGon
SimiGon (AIM: SIM) is a leading developer and supplier of
distributed simulation solutions for defence and civilian
applications. SimiGon is the creator of SIMbox, a leading PC-based
platform for creating, managing and deploying simulation-based
content across multiple domains. Through its off the-shelf training
solutions for demanding high-skill occupations, SimiGon provides
diverse organizations with faster and more cost-effective training.
SimiGon's growing client base includes blue-chip training and
simulation systems providers as well as air forces and commercial
airlines worldwide. Founded in 1998, SimiGon maintains offices in
Israel and the United States.
This information is provided by RNS
The company news service from the London Stock Exchange
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