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Transaction in Own Shares and Total Voting Rights

22 Mar 2016 07:00

RNS Number : 8176S
IS Solutions PLC
22 March 2016
 

IS Solutions Plc

("IS Solutions" or the "Company")

 

Transaction in Own Shares and Total Voting Rights

 

The Company announces that on 14 March 2016 it purchased 70,000 ordinary shares of 2 pence each ("Ordinary Shares") at a price of 120.00 pence per Ordinary Share, to be held in treasury. Following this transaction, the Company holds 266,584 Ordinary Shares in treasury.

Pursuant to the above, the Company advises that the issued share capital of IS Solutions remains as 36,583,020 Ordinary Shares, with 266,584 Ordinary Shares held in treasury. Consequently, the total voting rights of the Company is 36,316,436.

The above voting rights figure may be used by shareholders as the denominator for the calculations by which they 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.

 

ENQUIRIES

 

IS Solutions Plc

John Lythall, Managing Director

Peter Kear, Executive Director

Tel: +44 (0) 1932 893333 or email: moreinfo@issolutions.co.uk

 

finnCap (Nominated Adviser & Broker)

Ed Frisby/Emily Watts - Corporate Finance

Stephen Norcross - Corporate Broking

Tel: +44 (0) 20 7220 0500

 

TooleyStreet Communications (IR & media relations)

Fiona Tooley:

Tel: +44 (0) 7785 703523 or email: fiona@tooleystreet.com

 

EDITOR'S NOTE

 

IS Solutions Plc

Accreditation: ISO27001; PCI (DSS)

Ticker: AIM: ISL

 

Established in 1985, IS Solutions is a Data Solutions company focusing on three revenue streams, namely License Sales, Projects and Recurring Revenue. The recent acquisition of Celebrus has further strengthened its position as a leading player in the field of Analytics which is now its fastest growing sector. Specifically, IS Solutions specialises in bringing together a range of components from various technological solutions providers and software developers to create a unified and fully functioning system for the end client. The business employs 118 staff, including 3 in US, and 26 in Chennai, India, who provide product development and support. It also has a strong blue chip client base which includes Toyota and Toshiba as well as Saga, NHS, Compare The Market™, URENCO, M&S and HSBC.

follow us: www.linkedin.com/company/issolutions

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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