REG - Croma Sec. Sol. Grp - Transaction in own shares and total voting rights

Croma Security SolutionsAnnouncement

26/10/2023 07:00

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RNS Number : 3142R  Croma Security Solutions Group PLC  26 October 2023

Croma Security Solutions Group Plc

("CSSG", "Croma", "the "Company" or the "Group")

Transaction in own shares

and total voting rights

 

Croma Security Solutions Group plc (AIM:CSSG) announced on 30 June 2023 that
the Company had purchased 798,422 Ordinary Shares held by Sebastian Morley and
Paul Williamson (the "Sellers") at a price of 47.5 pence per share and that
these shares would be held in treasury (the "Buy-Back"). This Buy-Back was
part of the arrangements in relation to the disposal of Vigilant Security
(Scotland) Limited details of which were set out in the Circular dated 6 June
2023 and approved by shareholders at the General Meeting on 30 June.

Subsequently it has been confirmed that one of the Sellers held 26,000
ordinary shares less than had been reported and therefore the correct number
of shares subject to the Buy-Back is 772,422 Ordinary Shares.  The Seller has
returned to the Company the sum of £12,350, being the amount he was overpaid
for the 26,000 Ordinary Shares he incorrectly stated to hold at a price of
47.5 pence per share in the Buy-Back.

This adjustment impacts both the total voting rights in the Company and number
of shares held by the Company in treasury. The amended position is set out
below.

In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) the
Company hereby notifies the market that immediately following this correction
its issued share capital will remain the same and consist of 15,898,656
Ordinary Shares of which 1,768,936 are held in Treasury. Therefore, the total
number of voting rights in the Company is 14,129,720. Shareholders may use
this figure 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 Company under the FCA's Disclosure and Transparency
Rules.

 

For further information visit www.cssgroupplc.com or contact:

 

Croma Security Solutions Group
Plc
Tel: +44 (0)1489 566 166

Roberto Fiorentino, CEO

Teo Andreeva, CFO

 

WH Ireland
Limited
Tel: +44 (0)207 220 1666

(Nominated Adviser and Broker)

Mike Coe

Sarah Mather

 

Novella
 
Tel: +44 (0)203 151 7008

Tim Robertson

Claire de Groot

Safia Colebrook

 

 

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