Transaction in Own Shares

RNS Number : 0050C

Global Invacom Group Limited

13 January 2015

 

GLOBAL INVACOM GROUP LIMITED

("Global Invacom" or "the Company")

Transaction in Own Shares

Global Invacom announces that on 13 January 2015, it purchased 1,000,000 ordinary shares of no par value ("Ordinary Shares") at a price of SGD 0.39, to be held in treasury (the "Purchase").

The shares were purchased in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 30 April 2014.

Global Invacom advises that, following the Purchase, the Company's issued share capital is 282,402,299 Ordinary Shares (including 16,343,000 Ordinary Shares held as treasury shares). Therefore the Company's total number of Ordinary Shares with voting rights is 266,059,299.

Ends

Global Invacom Group Limited

Matthew Garner (Chief Financial Officer)

[phone]

finnCap Ltd (Nominated Adviser and Joint Broker)     

Ed Frisby/Christopher Raggett (Corporate Finance)

Rhys Williams (Corporate Broking)

[phone]

Mirabaud Securities LLP (Joint Broker)

Peter Krens (Equity Capital Markets)

[phone]

Bell Pottinger LLP (UK Financial PR)

David Rydell/David Bass/Lucy Stewart

[phone]

WeR1 Consultants Pte Ltd (Singapore Financial PR)

Sheryl Sim/Ian Lau

[phone]

About Global Invacom Group Limited

Global Invacom Group Limited ("Global Invacom") is listed on the Singapore Exchange Securities Trading Limited Mainboard ("SGX-ST") and its shares are admitted to trading on the AIM Market of the London Stock Exchange in the U.K..

Global Invacom is a fully integrated satellite equipment provider with five manufacturing plants across China, Malaysia and the U.K., providing a full range of LNB receivers, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications, TV peripherals, computer peripherals, medical, and consumer electronics industries. Its customers include satellite broadcasters such as BSkyB of the U.K. and DISH Network of the U.S.A..

 

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