Transaction in Own Shares,Exercise of Options&TVR

RNS Number : 2759I

IS Solutions PLC

07 December 2015

 

IS Solutions Plc

("IS Solutions" or the "Company")

Transaction in own shares

Exercise of options

and Total Voting Rights

The Company announces that on 4 December 2015 it purchased 110,000 ordinary shares of 2 pence each ("Ordinary Shares") at a price of £1 per Ordinary Share, to be held in treasury. Following this transaction, the Company held 205,666 Ordinary Shares in treasury.

Following the above transaction the Company announces that 105,000 Ordinary Shares held in treasury have today been transferred to an employee, following the exercise of options over Ordinary Shares.

Pursuant to the above, the Company advises that the issued share capital of IS Solutions remains as 36,583,020 Ordinary Shares, with 100,666 Ordinary Shares held in treasury. Consequently, the total voting rights of the Company is 36,482,354.

The above voting rights figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

ENQUIRIES

IS Solutions Plc John Lythall, Managing Director Tel: [phone]

finnCap Nominated Adviser & Broker Ed Frisby/Emily Watts - Corporate Finance Stephen Norcross - Corporate Broking Tel: [phone]

TooleyStreet Communications IR & Media Relations Fiona Tooley, Director Tel: [phone] Email:[e-mail] Editor's Note IS Solutions Plc (Ticker: AIM: ISL  Accreditation: ISO27001) Established in 1985, IS Solutions is a Data Solutions company focusing on three revenue streams, namely License Sales, Projects and Recurring Revenue. The recent acquisition of Celebrus has further strengthened its position as a leading player in the field of Analytics which is now its fastest growing sector. Specifically, IS Solutions specialises in bringing together a range of components from various technological solutions providers and software developers to create a unified and fully functioning system for the end client. The business employs 118 staff, including 3 in US, and 26 in Chennai, India, who provide product development and support. It also has a strong blue chip client base which includes Toyota, Toshiba as well the AA, NHS, Compare The Market™, URENCO, M&S and HSBC. follow us: www.linkedin.com/company/issolutions

E-mail: [e-mail] Website: www.issolutions.co.uk Follow us: www.linkedin.com/company/issolutions

 

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