Result of Buy-back and total voting rights

RNS Number : 8586J

Summit Germany Limited

07 December 2018

 

Summit Germany Limited

(the "Company")

Result of Buy-back and total voting rights

Summit Germany Limited is pleased to announce that, further to its announcement on 3 December 2018, the Buy-back was fully taken up. The Company has repurchased and cancelled 8,119,658 ordinary shares of no par value in the capital of the Company ("Ordinary Shares") at a purchase price of €1.17 per Ordinary Share, returning €9.5 million to shareholders in accordance with the approval granted by shareholders at the general meeting of the Company held on 18 July 2018.

Total voting rights

Following completion of the Buy-back, the Company has 457,280,204 Ordinary Shares in issue and admitted to trading on AIM with no Ordinary Shares in treasury. The number of Ordinary Shares in issue and the figure to be used as the denominator for calculations of interests in the Company's voting rights, is 457,280,204 Ordinary Shares.

Capitalised terms not otherwise defined in this announcement shall have the meaning given to them in the announcement of 3 December 2018.

For further information please contact:

Summit Germany Limited	Tel: [phone]
Zohar Levy - Managing Director
Itay Barlev (Braun) - Finance Director
Non-Executive Chairman	Tel: [phone]
Harry Hyman
Carey, Company Secretary	Tel: [phone]
Sara Bourne
Liberum Capital Limited, Nominated Adviser and Joint Broker	Tel: [phone]
Chris Clarke / Gillian Martin / Owen Matthews
Cenkos Securities, Joint Broker	Tel: [phone]
Mark Connelly
Russell Kerr / Selwyn Jones (Broking)

 

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