REG - Tavistock Investment - Transaction in Own Shares

Tavistock InvestmentsAnnouncement

17/08/2022 10:45

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RNS Number : 3331W  Tavistock Investments PLC  17 August 2022

Tavistock Investments Plc

("Tavistock" or the "Company")

 

Transaction in own shares and total voting rights

 

17 August 2022

 

Tavistock announces that on 17 August 2022, in accordance with the authority
granted by shareholders at the Company's Annual General Meeting held on 7
October 2021 and as signalled in the Company's 2021 final results announced on
7 September 2021, the Company has purchased 3,000,000 of its own ordinary
shares of 1 penny each ("Ordinary Shares"), representing 0.54% of the shares
in issue, at a price of 9.35 pence per share (the "Buyback Shares").

 

The Buyback Shares will now be cancelled and a further announcement will be
made once the cancellation has taken place.

 

Once the Buyback Shares have been cancelled, the Company will have 555,377,576
Ordinary Shares in issue. Therefore, the total number of voting rights in the
Company will be 555,377,576 which 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 the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Assuming no further issue of Ordinary Shares, the earnings per share is
expected to increase by 0.54% per Ordinary Share as a result of this
transaction.

   For further information

Tavistock Investments Plc                                       Tel: 01753 867000

 Oliver Cooke

 Brian Raven

 Allenby Capital Limited (Nominated adviser and broker)          Tel: 020 3328 5656

 Corporate Finance: Nick Naylor, Liz Kirchner, Freddie Wooding

 Sales and Corporate Broking: Tony Quirke

 Powerscourt                                                     Tel: 07711 380 007

 Gilly Lock                                                              020 7250 1446

 Chloe Retief

 

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