Tiso Blackstar Group SE Transaction in Own Shares (0611A)
December 21 2017 - 5:30AM
UK Regulatory
TIDMTBGR
RNS Number : 0611A
Tiso Blackstar Group SE
21 December 2017
Tiso Blackstar Group SE
(Incorporated in England and Wales)
(Company number SE 110)
(registered as an external company with limited liability in the
Republic of South Africa under registration number
2011/008274/10)
LSE Ticker: TBGR
JSE Share code: TBG
ISIN: GB00BF37LF46
("Tiso Blackstar" or the "Company")
Transaction in own shares
Tiso Blackstar announces that on 20 December 2017 it purchased
141,594 ordinary shares of EUR0.76 each in the Company (the
"Shares") at a price of R7.18 (GBP0.42) per share. The purchased
Shares are expected to be held in treasury in accordance with
applicable law.
The Company has a total of 272,307,233 shares in issue and,
following the above purchase, excluding the treasury shares the
issued share capital of the Company will be 265,016,123. The number
of Shares purchased represents 0.0520% of the total shares in
issue.
The Company has awarded in total 7,028,322 shares to all
participants ("Participants") under the Management Incentive Scheme
("MIS"), these shares are disclosed as treasury shares for
accounting purposes. However, they have been committed to meeting
the Company's obligations to Participants under the MIS and the
Participants have the right to vote these shares.
The Company has a total of 7,291,110 treasury shares in
issue.
Tiso Blackstar confirms that, following the awards above, the
Concert Party, as defined in the circular posted to shareholders
dated 26 May 2017, now holds 34.06% of the Company's total voting
rights.
London
21 December 2017
For further information, please contact:
Tiso Blackstar Group +44(0) 20 7887
SE Leanna Isaac 6017
Northland Capital Partners Tom Price/Jamie +44(0) 20 3861
Limited Spotswood 6625
+27(0) 11 550
JSE Sponsor: One Capital Sholto Simpson 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
POSKFLBLDLFZFBE
(END) Dow Jones Newswires
December 21, 2017 05:30 ET (10:30 GMT)
Tiso Blackstar (LSE:TBGR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Tiso Blackstar (LSE:TBGR)
Historical Stock Chart
From Apr 2023 to Apr 2024