Thalassa Holdings Limited Share Buy-Back (6290V)
January 31 2017 - 10:36AM
UK Regulatory
TIDMTHAL
RNS Number : 6290V
Thalassa Holdings Limited
31 January 2017
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa" or "the Company")
Share Buy-Back
The board announces that on 31 January 2017 the Company
purchased 100,000 of its shares at a price of 65 pence per share.
These shares will be held in treasury and in total there are now
3,433,657 shares in treasury. This purchase was made in accordance
with the Company's Articles of Association and with a board
authority dated 20 January 2017 to buy back up to GBP2,000,000 of
the Company's shares. As at the date hereof, the Company has
purchased 325,000 shares under this authority for a total cost of
GBP222,500 or an average price of 68.46 pence per share. The
average purchase price of the total number of shares held in
treasury is 45.60 pence per share for a cost of
GBP1,565,757.80.
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 21,633,865. 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 under the
Financial Conduct Authority's Disclosure and Transparency
Rules.
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
Press Enquiries:
Square1 Consulting (Public Relations)
David Bick +44 (0)207 929 5599
www.thalassaholdingsltd.com
Note to Editors:
Thalassa Holdings Ltd, incorporated and registered in the BVI
and quoted on AIM, is a holding company with subsidiaries in the
Energy Services and Defence and Homeland Security Industries, with
a focus on marine seismic operations.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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