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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 0.0% 61.00 58.00 64.00 61.00 61.00 61.00 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 0.1 -2.9 -12.8 - 10

Thalassa Holdings Limited Share Buy-Back

03/12/2020 2:49pm

UK Regulatory (RNS & others)


Thalassa (LSE:THAL)
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TIDMTHAL

RNS Number : 5008H

Thalassa Holdings Limited

03 December 2020

Thalassa Holdings Ltd

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

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

Share Buy-Back

The board of Thalassa announces that on 2 December 2020 the Company purchased 1,327,016 of its ordinary shares at a price of 65 pence per share. These shares will be held in treasury and in total there are now 12,906,521 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 of the Company's shares.

As at the date hereof, the Company has purchased 4,994,274 ordinary shares under this authority for a total cost of GBP3,057,178.22 at an average price of 61 pence per share. The average purchase price of the total number of shares held in treasury, 12,906,521 shares, is 67 pence per share for a cost of GBP8,631,425.

The Company advises that, following this purchase and further to the Share Redemption and Return of Capital announced by the Company on 28 September 2020, the Company's issued ordinary share capital is 20,852,306 shares being the only securities in issue and admitted to the standard listing segment of the Official List of the UK Listing Authority (the "Official List") and to trading on London Stock Exchange plc's main market ("Main Market") for listed securities . The total number of shares with voting rights is now 7,945,785 (excluding the 12,906,521 shares held in treasury) carrying one vote each. 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.

The ISIN for the Thalassa ordinary shares is VGG878801114.

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

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END

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December 03, 2020 09:49 ET (14:49 GMT)

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