Share Name Share Symbol Market Type Share ISIN Share Description
Thalassa Holdings Limited LSE:THAL London Ordinary Share VGG878801031 ORD SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 80.50p 78.00p 83.00p 80.50p 80.50p 80.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 0.0 -5.1 29.8 2.6 14

Thalassa Holdings Limited Share Buy-Back

06/06/2019 7:00am

UK Regulatory (RNS & others)


Thalassa (LSE:THAL)
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2 Months : From May 2019 to Jul 2019

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TIDMTHAL

RNS Number : 2759B

Thalassa Holdings Limited

06 June 2019

Thalassa Holdings Ltd

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

("Thalassa", "THAL" or the "Company")

Share Buy-Back

The board of Thalassa announces that on 5 June 2019 the Company purchased 20,931 of its ordinary shares at a price of 80.50 pence per share. These shares will be held in treasury and in total there are now 8,317,247 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 GBP6,000,000.00 of the Company's shares.

As at the date hereof, the Company has purchased 405,000 ordinary shares under this authority for a total cost of GBP324,229.66 at an average price of 80.06 pence per share. The average purchase price of the total number of shares held in treasury, 8,317,247 shares, is 70.93 pence per share for a cost of GBP5,899,420.57.

The Company advises that, following this purchase, the Company's issued ordinary share capital remains at 25,567,522 shares. The total number shares with voting rights is now 17,250,275 (excluding those shares held in treasury). 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.

 
 Enquiries: 
 Thalassa Holdings Ltd 
                                                --------------------- 
 Duncan Soukup (Executive Chairman)              +33 (0)6 78 63 26 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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June 06, 2019 02:00 ET (06:00 GMT)

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