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Share Name Share Symbol Market Type Share ISIN Share Description
Thalassa (DI) 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% 80.00p 78.00p 82.00p 80.00p 80.00p 80.00p 5,000 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 0.0 -1.9 4.4 17.3 14.37

Thalassa Holdings Limited Share Buy-Back

02/05/2018 7:00am

UK Regulatory (RNS & others)

Thalassa (DI) (LSE:THAL)
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1 Year : From Jan 2018 to Jan 2019

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RNS Number : 8082M

Thalassa Holdings Limited

02 May 2018

Thalassa Holdings Ltd

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

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

Share Buy-Back

The board of Thalassa announces that on 1 May 2018 the Company purchased 25,000 of its shares at a price of 84 pence per share. These shares will be held in treasury and in total there are now 6,152,747 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 3,044,090 shares under this authority for a total cost of GBP2,703,638.31 or an average price of 88.82 pence per share. The average purchase price of the total number of shares held in treasury, 6,152,747 shares, is 65.83 pence per share for a cost of GBP4,050,077.41.

The Company advises that, following this purchase, the Company's issued share capital remains at 25,567,522. The total number of shares with voting rights is now 19,414,775 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

Note to Editors:

Thalassa Holdings Ltd, incorporated and registered in the BVI and quoted on AIM, is a holding company with various interests across a number of industries.

This information is provided by RNS

The company news service from the London Stock Exchange



(END) Dow Jones Newswires

May 02, 2018 02:00 ET (06:00 GMT)

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