Thalassa Holdings Limited Share Buy-Back (0408B)
September 18 2018 - 1:01AM
UK Regulatory
TIDMTHAL
RNS Number : 0408B
Thalassa Holdings Limited
18 September 2018
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa", "THAL" or the "Company")
Share Buy-Back
The board of Thalassa announces that on 17 September 2018 the
Company purchased 50,000 of its shares at a price of 93.85 pence
per share. These shares will be held in treasury and in total there
are now 6,912,747 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 3,804,090 shares under this authority for a total cost of
GBP3,361,404.08 or an average price of 88.36 pence per share. The
average purchase price of the total number of shares held in
treasury, 6,912,747 shares, is 68.10 pence per share for a cost of
GBP4,707,843.18.
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 18,654,775 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, Managing Director, 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.
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END
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