SimiGon Limited Transaction in Own Shares (1930Y)
August 17 2018 - 7:40AM
UK Regulatory
TIDMSIM
RNS Number : 1930Y
SimiGon Limited
17 August 2018
17 August 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 100,000 ordinary shares of 0.01 NIS each in
the capital of the Company ("Ordinary Shares") at the average price
per Ordinary Share of 14.5 pence ("Buyback Shares") through finnCap
Ltd (acting as the Company's broker) on 17 August 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 51,039,189 (excluding the
355,000 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 17 August 2018
Aggregate number of Ordinary Shares 355,000 Ordinary Shares
purchased
The average price paid per Ordinary 14.9 pence per Ordinary Share
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/Matthew Radley
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 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
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