Global Market Group Ltd Share buyback (7286Y)
28 Gennaio 2014 - 6:00PM
UK Regulatory
TIDMGMC
RNS Number : 7286Y
Global Market Group Ltd
28 January 2014
28 January 2014
Global Market Group Limited
("Global Market", "the Company" or "GMC")
COMPLETION OF SHARE BUY-BACK
Global Market (AIM: GMC), a leading business-to-business
e-commerce service provider dedicated to connecting manufacturers
in China with buyers from all over the world, announces that,
pursuant to the share buyback authority granted by shareholders at
its Extraordinary General Meeting on 30 July 2012, the Company has
today purchased in aggregate 4,503,000 ordinary shares of the
Company from NIFSMBC-V2006S1 and NIFSMBC-V2006S3 (together, the
"Vendors") at an average price of 29.1 pence per share. These
shares will be held as treasury shares. As a result of this
buyback, the Vendors no longer have any interest in the Company's
ordinary shares.
The Company has a total of 97,824,935 ordinary shares in issue,
with 4,503,000 shares held in treasury. Total voting rights in the
Company have been reduced to 93,321,935.
For further information, please visit www.globalmarket.com or
contact:
David Ling/ Cheandy Hu/ Mophy Fan Global Market Group Limited:
+86 (20) 8600 2299
Philip Secrett/ Maureen Tai/ Jen Clarke Grant Thornton UK LLP,
Nominated Adviser: +44 (0)20 7383 5100
Richard Baty/ Paul Gillam Westhouse Securities Limited, Broker:
+44 (0)20 7601 6100
Allan Piper/ Jiang Lei First City Public Relations: +852 2854
2666
Simon Hudson/Kelsey Traynor Tavistock Communications: +44 (0) 20
7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
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