Thalassa Holdings Limited Share Buy-Back (5008H)
03 Dicembre 2020 - 3:49PM
UK Regulatory
TIDMTHAL
RNS Number : 5008H
Thalassa Holdings Limited
03 December 2020
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa", "THAL" or the "Company")
Share Buy-Back
The board of Thalassa announces that on 2 December 2020 the
Company purchased 1,327,016 of its ordinary shares at a price of 65
pence per share. These shares will be held in treasury and in total
there are now 12,906,521 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 of the Company's shares.
As at the date hereof, the Company has purchased 4,994,274
ordinary shares under this authority for a total cost of
GBP3,057,178.22 at an average price of 61 pence per share. The
average purchase price of the total number of shares held in
treasury, 12,906,521 shares, is 67 pence per share for a cost of
GBP8,631,425.
The Company advises that, following this purchase and further to
the Share Redemption and Return of Capital announced by the Company
on 28 September 2020, the Company's issued ordinary share capital
is 20,852,306 shares being the only securities in issue and
admitted to the standard listing segment of the Official List of
the UK Listing Authority (the "Official List") and to trading on
London Stock Exchange plc's main market ("Main Market") for listed
securities . The total number of shares with voting rights is now
7,945,785 (excluding the 12,906,521 shares held in treasury)
carrying one vote each. 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.
The ISIN for the Thalassa ordinary shares is VGG878801114.
Enquiries:
Thalassa Holdings Ltd
--------------------
+33 (0)6 78 63 26
Duncan Soukup (Executive Chairman) 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.
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END
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(END) Dow Jones Newswires
December 03, 2020 09:49 ET (14:49 GMT)
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