Last checked at 4 Aug 2023 07:00
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) announces that on 3 August 2023, pursuant to the authority approved by shareholders at the Company's Annual General Meeting held on 6 December 2022, the Company purchased 400,000 ordinary shares of 5 pence each ("Ordinary Shares") at a price of 45 pence per share (the "Transaction").
The Ordinary Shares, which have been purchased, will be held in treasury, to part fund the consideration of future acquisitions and the future exercise of share options.
In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) the Company hereby notifies the market that immediately following the Transaction its issued share capital will remain the same and consist of 15,898,656 Ordinary Shares of which 2,194,936 are held in Treasury. Therefore, the total number of voting rights in the Company is 13,703,720. 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.
The information below, set out in accordance with the requirements of the Market Abuse Regulation, provides further detail on shares acquired.
Details of the trade:
| ||||||
a) | Name | Croma Security Solutions Group Plc | ||||
2 | Reason for the notification | |||||
a) | Position/status | Treasury Share Account | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Croma Security Solutions Group Plc | ||||
b) | LEI | 2138003YT8SFYNFB1G30 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 5p
GB00B5MJV178 | ||||
b) | Nature of the transactions | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
400,000 £180,000 | ||||
e) | Date of the transaction | 3 August 2023 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
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