Trans-Siberian Gold PLC Transaction in Own Shares (4010R)
March 08 2021 - 1:00AM
UK Regulatory
TIDMTSG
RNS Number : 4010R
Trans-Siberian Gold PLC
08 March 2021
8 March 2021
Trans-Siberian Gold plc
("TSG", the "Company" or the "Group")
Transaction in Own Shares
Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold
producer in Russia, announces that, on 5 March 2021, it purchased
45,000 ordinary shares of 10 pence each (the "Buyback Shares") on
the London Stock Exchange through Canaccord Genuity Limited and
Panmure Gordon (the "Co-Brokers"), in accordance with the terms of
its share buyback programme (the "Buyback") announced on 26
February 2021. The Buyback Shares acquired will be held in
treasury.
Date of purchase: 5 March 2021
Aggregate number of ordinary
shares purchased: 45,000
Lowest price paid per share
(pence per share): 91.80
Highest price paid per share
(pence per share): 95.60
Volume weighted average price
paid per share (pence per share): 93.60
Following the purchase of the Buyback Shares, the Company will
have 110,053,073 ordinary shares of 10 pence each in issue, of
which 23,035,241 ordinary shares are held in treasury. Therefore,
the total number of ordinary shares carrying voting rights will be
87,017,832.
The above figure of 87,017,832 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 under the FCA's Disclosure Guidance
and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No
596/2014 (the Market Abuse Regulation), the table below contains
detailed information of the individual trades made by Panmure
Gordon as part of the Buyback.
Individual transactions:
Number of shares Transaction price Time of transaction Execution venue
purchased (pence per share)
10,000 95.60 08:06:00 LSE
------------------- -------------------- ----------------
10,000 95.25 08:10:00 LSE
------------------- -------------------- ----------------
10,000 92.40 08:45:00 LSE
------------------- -------------------- ----------------
5,000 92.34 14:58:00 LSE
------------------- -------------------- ----------------
10,000 91.80 16:35:00 LSE
------------------- -------------------- ----------------
ENDS
Contacts:
TSG
Stewart Dickson +44 (0) 7799 694195
Canaccord Genuity Limited
(Nominated Adviser & Joint Corporate Broker)
Henry Fitzgerald-O'Connor / James Asensio +44 (0) 20 7523 8000
Panmure Gordon (UK) Limited
(Joint Corporate Broker)
John Prior / Hugh Rich / Ailsa MacMaster +44 (0) 20 7886 2500
Hudson Sandler
(Financial Public Relations)
Charlie Jack / Katerina Parker / Elfie
Kent +44 (0) 207 796 4133
About TSG
TSG is focused on low cost, high grade mining operations and
stable gold production from its 100% owned Asacha Gold Mine in Far
East Russia. The Company also holds the licence for the development
and exploration of the Rodnikova deposit, one of the largest gold
fields in South Kamchatka.
Additional information is available from the Company's website:
www.trans-siberiangold.com
Market Abuse Regulations
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ('MAR'). Upon the
publication of this announcement via Regulatory Information Service
('RIS'), this inside information is now considered to be in the
public domain.
Disclaimer
This announcement contains "forward-looking statements" - that
is, statements related to future, not past, events. In this
context, forward-looking statements often address our expected
future business and financial performance, and often contain words
such as "expects," "anticipates," "intends," "plans," "believes,"
"seeks," "should" or "will." Forward-looking statements by their
nature address matters that are, to different degrees, uncertain.
For us, uncertainties arise from the behaviour of financial and
metals markets, fluctuations in interest and/or exchange rates and
metal prices; and from numerous other matters of national, regional
and global scale, including those of a political, economic,
business, competitive or regulatory nature. These uncertainties may
cause our actual future results to be materially different that
those expressed in our forward-looking statements.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
POSFLFETVSIEIIL
(END) Dow Jones Newswires
March 08, 2021 02:00 ET (07:00 GMT)
Trans-siberian Gold (LSE:TSG)
Historical Stock Chart
From Apr 2024 to May 2024
Trans-siberian Gold (LSE:TSG)
Historical Stock Chart
From May 2023 to May 2024