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Tiso Blackstar Group (TBGR)

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Monday 18 December, 2017

Tiso Blackstar Group

Transaction in Own Shares

RNS Number : 6478Z
Tiso Blackstar Group SE
18 December 2017
 

Tiso Blackstar Group SE

(Incorporated in England and Wales)

(Company number SE 110)

(registered as an external company with limited liability in the Republic of South Africa under registration number 2011/008274/10)

LSE Ticker: TBGR

JSE Share code: TBG

ISIN: GB00BF37LF46

("Tiso Blackstar" or the "Company")

 

Transaction in own shares

 

 

 

Tiso Blackstar announces that on 15 December 2017 it purchased 21,194 ordinary shares of €0.76 each in the Company (the "Shares") at a price of R7.00 (£0.39) per share. The purchased Shares are expected to be held in treasury in accordance with applicable law.

 

The Company has a total of 272,307,233 shares in issue and, following the above purchase, excluding the treasury shares the issued share capital of the Company will be 265,257,717. The number of Shares purchased represents 0.0078% of the total shares in issue.

 

The Company has awarded in total 7,028,322 shares to all participants ("Participants") under the Management Incentive Scheme ("MIS"), these shares are disclosed as treasury shares for accounting purposes. However, they have been committed to meeting the Company's obligations to Participants under the MIS and the Participants have the right to vote these shares.

 

The Company has a total of 7,049,516 treasury shares in issue.

 

 

 

 

London

18 December 2017

 

 

For further information, please contact:


Tiso Blackstar Group SE

Leanna Isaac

+44(0) 20 7887 6017

Northland Capital Partners Limited

Tom Price/Jamie Spotswood

+44(0) 20 3861 6625

JSE Sponsor: One Capital

Sholto Simpson

+27(0) 11 550 5000

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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