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RAI - RA International News Story

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Sector
Industrials
Size
Small Cap
Market Cap £79.3m
Enterprise Value £65.1m
Revenue £52.9m
Position in Universe 1014th / 1819

RA Intnl Group PLC - Transaction in Own Shares and Total Voting Rights

Mon 15th June, 2020 7:00am
RNS Number : 9342P
RA International Group PLC
15 June 2020
 

15 June 2020

 

 

RA INTERNATIONAL GROUP PLC

("RA International" or the "Company")

 

Transaction in Own Shares and Total Voting Rights

 

RA International Group PLC (AIM: RAI), a leading provider of services to remote locations in Africa and the Middle East, confirms that further to the share buyback programme announced on 8 June 2020, the Company has purchased 100,000 ordinary shares of 10 pence each ("Ordinary Shares") at a price of 41.0 pence each.  The Ordinary Shares were purchased on behalf of the Company by its broker Cenkos Securities plc and will be held in treasury. 

Date of purchase:

12 June 2020

Number of Ordinary Shares purchased (aggregated volume):

100,000

Price paid per Ordinary Share (£):

£0.41

Venue where Ordinary Shares are traded

London Stock Exchange (AIM)

Following the Ordinary Shares purchased, the total number of Ordinary Shares in issue and admitted to trading on AIM will remain at 173,575,741, which will now comprise 100,000 Ordinary Shares held in treasury and 173,475,741 Ordinary Shares with voting rights. The figure of 173,475,741 Ordinary Shares should 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 in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

* * * * *

Enquiries:

RA International Group PLC

Soraya Narfeldt, Chief Executive Officer

Lars Narfeldt, Chief Operating Officer

Andrew Bolter, Chief Financial Officer

 

Via Hudson Sandler

Cenkos Securities PLC (Nominated Adviser and Broker)

Derrick Lee

Peter Lynch

 

+44 (0)131 220 6939

Hudson Sandler LLP (Financial PR & IR)

Daniel de Belder

Bertie Berger

 

+44 (0)207 796 4133

rainternational@hudsonsandler.com

 

 

About RA International 

RA International is a leading provider of services to remote locations in Africa and the Middle East. The Company offers its services through three channels: construction, integrated facilities management and supply chain, and services three main client groups: humanitarian and aid agencies, governments and commercial customers, predominantly in the oil and gas and mining sectors. It has a strong customer base, largely comprising UN agencies, western governments and global corporations.

 

The Company provides comprehensive, flexible, mission critical support to its clients enabling them to focus on the delivery of their respective businesses and services. Focusing on integrity and values alongside making on-going investment in its people, locations and operations has over time created a reliable and trusted brand within its sector.

 


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.
 
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