SimiGon Limited Transaction in Own Shares-Replacement (9625D)

TIDMSIM

RNS Number : 9625D

SimiGon Limited

12 October 2018

The following replaces the 'Transaction in Own Shares and Total Voting Rights' announcement released on 10 October 2018 at 6:21 pm under RNS No 6619D.

The announcement contained elements which have been amended due to the fact that the Company was informed that as a result of clerical error, a total of 63,571 ordinary shares have been purchased and not 84,773 as previously announced.

The full amended text is shown below.

SimiGon Ltd

("SimiGon" or "the Company")

Transaction in Own Shares and Total Voting Rights

SimiGon Ltd (LSE: SIM), a global leader in modeling, simulation and training solutions, announces that, pursuant to the share buyback programme (the "Programme") announced on 1 December 2017, the Company purchased 63,571 ordinary shares of 0.01 NIS each in the capital of the Company ("Ordinary Shares") at the average price per Ordinary Share of 14 pence ("Buyback Shares") through finnCap Ltd (acting as the Company's broker) on 10 October 2018.

The Buyback Shares, along with any other Ordinary Shares purchased by the Company pursuant to the Programme, will be held in treasury.

Following the purchase of the Buyback Shares, the total number of voting rights in the Company is 50,858,618 (excluding the 535,571 Ordinary Shares held in treasury). This figure 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.

The schedule below contains detailed information about the purchases made by finnCap on behalf of the Company as part of the Programme.

 
Date of purchase                                    10 October 2018 
Aggregate number of Ordinary Shares         535,571 Ordinary Shares 
 purchased 
The average price paid per Ordinary  14.54 pence per Ordinary Share 
 Share 
 
 
 

For further information please contact:

Enquiries:

 
 SimiGon Ltd 
 Ami Vizer, Chief Executive Officer       [phone] 
 Efi Manea, Chief Financial Officer 
 
 
   finnCap (NOMAD & Broker)                 [phone] 
 Henrik Persson/Matthew Radley 
 
 
 
 
 

About SimiGon

SimiGon (AIM: SIM) is a leading developer and supplier of distributed simulation solutions for defence and civilian applications. SimiGon is the creator of SIMbox, a leading PC-based platform for creating, managing and deploying simulation-based content across multiple domains. Through its off the-shelf training solutions for demanding high-skill occupations, SimiGon provides diverse organizations with faster and more cost-effective training. SimiGon's growing client base includes blue-chip training and simulation systems providers as well as air forces and commercial airlines worldwide. Founded in 1998, SimiGon maintains offices in Israel and the United States.

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October 12, 2018 13:00 ET (17:00 GMT)