Thwaites (Daniel) Plc Purchase of Own Shares and Directors' Dealing in Shares
16 February 2016 - 8:43AM
UK Regulatory
TIDMTHW
Daniel Thwaites plc (the "Company")
Notification of Purchase of Own Shares and Directors' Dealings in Shares
Pursuant to the general authority given to the Company by its shareholders at
its last annual general meeting on the 30 July 2015, the Company announces
that, on 15 February 2016 it purchased a total of 750,000 of its own ordinary
shares at a price of GBP1.15 per share from Chase Nominees Ltd. The shares
re-purchased, which constituted 1.26% of the then total issued ordinary share
capital of the Company, have been cancelled.
In accordance with Disclosure and Transparency Rule 5.6.1, following the
purchase of own shares referred to above, there are 58,750,000 ordinary shares
of the Company in issue.
The above figure of 58,750,000 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 under
the FSA's Disclosure and Transparency Rules.
The Company also announces that, on 15 February 2016 dealings in shares of the
Company by certain directors took place as follows:
Director: Mr. R. A. J. Bailey
Purchase by Mr. Roy Bailey, a family member of Mr. R. A. J. Bailey
Purchase of 50,000 ordinary shares
Price paid: GBP1.15 per share
Director: Mr. R. A. J. Bailey
Purchase by Mrs. Gillian Bailey, a family member of Mr. R. A. J. Bailey
Purchase of 15,000 ordinary shares
Price paid: GBP1.15 per share
Resultant total number of voting rights currently held by Mr. Bailey: 522,328
Percentage of issued ordinary share capital: 0.889%
Director: Mr. M. J. Barnes
Purchase of 50,000 shares
Price paid: GBP1.15 per share
Resultant total number of voting rights currently held by Mr. Barnes: 60,000
Percentage of issued ordinary share capital: 0.102%
The total Directors' shareholding is 24,754,528 ordinary shares representing
42.1% of the total issued ordinary share capital of the Company.
END
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February 16, 2016 03:43 ET (08:43 GMT)