SimiGon Limited Transaction in Own Shares (6100G)

TIDMSIM

RNS Number : 6100G

SimiGon Limited

05 March 2018

5 March 2018

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 225,000 ordinary shares of 0.01 NIS each in the capital of the Company ("Ordinary Shares") at the price per Ordinary Share of 15.218 pence ("Buyback Shares") through finnCap Ltd (acting as the Company's broker) on 2 March 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 51,169,189 (excluding the 225,000 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                                        2 March 2018 
Aggregate number of Ordinary Shares          225,000 Ordinary Shares 
 purchased 
The price paid per Ordinary Share    15.218 pence per Ordinary 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/Scott Mathieson 
  (corporate finance) 
 Stephen Norcross (corporate 
  broking) 
 
 
 
 

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.

This information is provided by RNS

The company news service from the London Stock Exchange

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March 05, 2018 02:00 ET (07:00 GMT)