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THAL Thalassa Holdings Limited

24.50
0.00 (0.00%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Thalassa Holdings Limited LSE:THAL London Ordinary Share VGG878801114 ORD SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.50 23.00 26.00 24.50 24.50 24.50 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil & Gas Field Services,nec 296k -1.45M -0.1825 -1.34 1.95M

Thalassa Holdings Limited Share Buy-Back (9522O)

25/08/2017 7:00am

UK Regulatory


Thalassa (LSE:THAL)
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TIDMTHAL

RNS Number : 9522O

Thalassa Holdings Limited

25 August 2017

Thalassa Holdings Ltd

(Reuters: THAL.L, Bloomberg: THAL:LN)

("Thalassa" or "the Company")

Share Buy-Back

The board announces that on 24 August 2017 the Company purchased 375,000 of its shares at an average price of 87.33 pence per share. These shares will be held in treasury and in total there are now 4,196,157 shares in treasury. This purchase was made in accordance with the Company's Articles of Association and with a board authority dated 12 July 2017 to buy back up to GBP4,000,000 of the Company's shares. As at the date hereof, the Company has purchased 1,087,500 shares under this authority for a total cost of GBP876,375 or an average price of 80.59 pence per share. The average purchase price of the total number of shares held in treasury is 52.90 pence per share for a cost of GBP2,219,633.

The Company advises that, following this purchase, the Company's issued share capital remains unchanged at 25,067,522. The total number of shares with voting rights is now 20,871,365. 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 in compliance with Thalassa's Articles of Association.

Investor Enquiries:

Thalassa Holdings Ltd

Duncan Soukup, Chairman +33 (0)6 78 63 26 89

WH Ireland Limited (Nominated Adviser and Broker)

     Chris Fielding, Head of Corporate Finance                                   +44 (0)207 220 1650 

www.thalassaholdingsltd.com

Note to Editors:

Thalassa Holdings Ltd, incorporated and registered in the BVI and quoted on AIM, is a holding company currently with positions in Energy Services, Defence and Homeland Security and Real Estate.

This information is provided by RNS

The company news service from the London Stock Exchange

END

POSUSVNRBAAWUAR

(END) Dow Jones Newswires

August 25, 2017 02:00 ET (06:00 GMT)

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