Thalassa Holdings Limited Share Buy-Back (8592Z)
December 20 2017 - 1:00AM
UK Regulatory
TIDMTHAL
RNS Number : 8592Z
Thalassa Holdings Limited
20 December 2017
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa", "THAL" or the "Company")
Share Buy-Back
The board of Thalassa announces that on 19 December 2017 the
Company purchased 400,000 of its shares at a price of 100.0 pence
per share. These shares will be held in treasury and in total there
are now 5,754,882 shares in treasury. This purchase was made in
accordance with the Company's Articles of Association and with a
board authority dated 12 July 2017 to buy back up to GBP4,000,000
of the Company's shares. As at the date hereof, the Company has
purchased 2,646,225 shares under this authority for a total cost of
GBP2,361,542 or an average price of 89.24 pence per share. The
average purchase price of the total number of shares held in
treasury is 64.43 pence per share for a cost of GBP3,707,981.
The Company advises that, following this purchase, the Company's
issued share capital remains at 25,567,522. The total number of
shares with voting rights is now 19,812,640. 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 in compliance with
Thalassa's Articles of Association.
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
www.thalassaholdingsltd.com
Note to Editors:
Thalassa Holdings Ltd, incorporated and registered in the BVI
and quoted on AIM, is a holding company with various interests
across a number of industries.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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