MayAir Group Share Price (MAYA)

From above FY2016 revenue will be approx. US$70mn gross margin stable at 36% FY2015 revenue was US$63.6mn gross margin 31.5% FY2014 revenue was US$43.8mn gross margin 36.1%

Nice Highlights · Unaudited revenues of US$33.4 million from 1 July to 31 October 2016, an increase of 75.7% over H1 2016 revenues (US$19.0 million) · Total unaudited revenues of US$52.4 million in the 10 months to 31 October 2016 · Gross margin stable at 36% throughout the Period · Order book of US$20.4 million at 31 October 2016, the vast majority expected to be delivered in current financial year with further order book building for 2017 · Construction of new 38,700m2 factory in Nanjing progressing on schedule and on budget.

MayAir Group plc (AIM:MAYA), a leading specialist provider of air purification technology, announces that on 22 November 2016, the Group purchased through Cantor Fitzgerald Europe 20,000 ordinary shares of no par value ("Ordinary Shares") at an average price of 94 pence per share. The purchased shares will be held as treasury shares.

for ********************* in the last post read Directors Talk!

The following is from the Directors Talk website. “MayAir Group plc (AIM:MAYA), a leading specialist provider of air purification technology, has told ************* that on 18 November 2016, the Group purchased through Cantor Fitzgerald Europe 20,000 ordinary shares of no par value at an average price of 95 pence per share. The purchased shares will be held as treasury shares.” A search of the Dircetors talk website suggests that this is the first mention on that website of the MAYA share buy-back. For the record, 479.5k have so far been bought back for a total cost £340k (excluding fees). That’s is about 1.1% of the issued share capital for about 6% of the maximum funds available for the buy-back. 20k at 95p on 18th Nov 20k at 96.6356p on 16th Nov 2k at 96.5p on 15th Nov 20k at 99.5p on 8th Nov 12.5k at 103.5p on 27th Oct 30k at 96.75p on 24th Oct. 10k at 92.5p on 19th Oct. 25k at 91p on 18th Oct. 25k at 88p on 11th Oct. 25k at 85p on 4th Oct. 5k at 78.4p on 3rd Oct. 35k at 74.86p on 26th Sept. 100k at 62.4p on 17th Aug. 150k at 49p on 8th Aug. The buy-back will be for up to a maximum of 4,247,500 ordinary shares of no par value in the Group ("Ordinary Shares"), representing approximately 10 per cent. of the Group's issued share capital, for an aggregate maximum consideration of £5,755,750. MayAir has engaged its broker, Cantor Fitzgerald Europe, to undertake the buy-back on its behalf. Good to see that no holders were sufficiently impatient to part with any MAYA shares today. What will the next Cantor Fitz. tactic be? Will they raise the bid to encourage selling?