Thalassa Holdings Limited Share Buy-Back (2759B)
June 06 2019 - 1:00AM
UK Regulatory
TIDMTHAL
RNS Number : 2759B
Thalassa Holdings Limited
06 June 2019
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa", "THAL" or the "Company")
Share Buy-Back
The board of Thalassa announces that on 5 June 2019 the Company
purchased 20,931 of its ordinary shares at a price of 80.50 pence
per share. These shares will be held in treasury and in total there
are now 8,317,247 ordinary shares in treasury. This purchase was
made in accordance with the Company's Articles of Association and
with a board authority dated 5 March 2019 to buy back up to
GBP6,000,000.00 of the Company's shares.
As at the date hereof, the Company has purchased 405,000
ordinary shares under this authority for a total cost of
GBP324,229.66 at an average price of 80.06 pence per share. The
average purchase price of the total number of shares held in
treasury, 8,317,247 shares, is 70.93 pence per share for a cost of
GBP5,899,420.57.
The Company advises that, following this purchase, the Company's
issued ordinary share capital remains at 25,567,522 shares. The
total number shares with voting rights is now 17,250,275 (excluding
those shares held in treasury). 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.
Enquiries:
Thalassa Holdings Ltd
---------------------
Duncan Soukup (Executive Chairman) +33 (0)6 78 63 26 89
---------------------
WH Ireland Limited (Financial Adviser) +44 (0)207 220 1650
---------------------
Chris Fielding, Managing Director, Corporate
Finance
---------------------
www.thalassaholdingsltd.com
Note to Editors:
Thalassa Holdings Ltd, incorporated and registered in the BVI,
is a holding company with various interests across a number of
industries.
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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