REG - Churchill China PLC - Transaction in Own Shares and Total Voting Rights

Churchill ChinaAnnouncement

27/11/2018 07:05

RNS Number : 5482I
Churchill China PLC
27 November 2018
 


Churchill China plc
("Churchill China" or the "Company")
Transaction in Own Shares and Total Voting Rights
Churchill China announces that on 26 November 2018 it bought 1,500 ordinary shares of 10 pence each in the Company ('Ordinary Shares') at a price of 1,075 pence per Ordinary Share, to be held in Treasury.
The above share buyback was carried out using the authority received at the Company's Annual General Meeting held on 17 May 2018 to purchase up to 1,096,232 of its own Ordinary Shares.    
The Company may purchase Ordinary Shares subject to the following parameters:
(i)           the maximum aggregate number of Ordinary Shares authorised to be purchased under the shareholder authority is 1,096,232;
(ii)          the minimum price which may be paid for an Ordinary Share, exclusive of all expenses, is be 10 pence; and
(iii)         the maximum price which may be paid for an Ordinary Share, exclusive of all expenses, is an amount equal to 5% above the average of the middle market quotations for an Ordinary Share for the five business days immediately preceding the date on which such Ordinary Share is purchased.
Total voting rights
Following the above transaction the Company holds 73,422 Ordinary shares in Treasury and its share capital now consists of 11,030,172 Ordinary Shares. Therefore, the total number of voting rights is 10,956,750. 
The figure of 10,956,750 may be used by shareholders 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, Churchill China under the FCA's Disclosure and Transparency Rules
 
For further information, please contact:
 



Churchill China plc








David Taylor


Tel: 01782 577566




 
N+1 Singer








Richard Lindley


Tel: 0207 496 3000



 




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