Transaction in Own Shares

RNS Number : 5427P
Summit Properties Limited
11 October 2019
 

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.

 

11 October 2019

 

Summit Properties Limited (the "Company")

Transaction in Own Shares

 

Summit Properties Limited announces that pursuant to the general authority to make market purchases of its own ordinary shares of no par value ("Ordinary Shares"), granted by shareholders of the Company on 10 July 2019, the Company repurchased for cancellation 7,800,000 Ordinary Shares at a purchase price of €1.28 per Ordinary Share on 10 October 2019.

 

Total voting rights

Following this transaction, the Company has 449,480,204 Ordinary Shares in issue. No Ordinary Shares are held in treasury. The total number of voting rights in the Company is 449,480,204. This figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information please contact:

 Summit Properties Limited

Tel: +44 (0) 1481 700 300

Zohar Levy - Managing Director


Itay Barlev - Finance Director




Non-Executive Chairman

Tel: +44 (0) 20 7451 7050

Harry Hyman




Carey, Company Secretary

Tel: +44 (0) 1481 700 300

Chris Le Page / Tom Lancaster-King




Liberum Capital Limited, Nominated Adviser and Joint Broker

Tel: +44 (0) 20 3100 2222

Chris Clarke / Gillian Martin / Owen Matthews




Cenkos Securities, Joint Broker

Tel: +44 (0) 20 7397 8900

Mark Connelly


Russell Kerr / Selwyn Jones (Broking)


 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
POSCKKDDABDDAKD
UK 100

Latest directors dealings