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Transaction in Own Shares

23 Jan 2018 13:19

RNS Number : 6874C
FastForward Innovations Limited
23 January 2018
 

23 January 2018

 

 

FastForward Innovations Ltd

("FastForward" or the "Company")

Transaction in Own Shares

FastForward Innovations Limited (AIM: FFWD) (the "Company") announces that it has made the following redemptions pursuant to the share buyback programme (the "Buyback Programme") announced on 20 November 2017:

 

Date of purchase:

17 January

 

Number of Ordinary Shares purchased:

180,000

 

Highest price paid per Ordinary Share:

£0.180

 

Lowest price paid per Ordinary Share:

£0.1765

 

Volume weighted average price per Ordinary Share:

£0.1775

 

 

Date of purchase:

18 January

 

Number of Ordinary Shares purchased:

265,000

 

Highest price paid per Ordinary Share:

£0.1740

 

Lowest price paid per Ordinary Share:

£0.170

 

Volume weighted average price per Ordinary Share:

£0.1711

 

 

Date of purchase:

 

19 January

 

Number of Ordinary Shares purchased:

50,000

 

Highest price paid per Ordinary Share:

£0.1725

 

Lowest price paid per Ordinary Share:

£0.1754

 

Volume weighted average price per Ordinary Share:

£0.1725

 

 

Following the repurchase of the shares set out above, the Company's issued share capital consists of 135,649,498 Ordinary Shares. 3,948,623 Ordinary shares are held in Treasury. For reporting under the FCA's Disclosure and Transparency Rules, Shareholders should exclude any shares held in Treasury and should use the figure of 132,195,875 Ordinary Shares (the issued voting share capital) when determining if they are required to notify their interest, or a change of their interest in the Company

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by the Company, which were all executed through the Company's broker, Optiva Securities Limited, are set out below:

Schedule of Purchases:

Shares purchased:

FastForward Innovations Limited (ISIN: GG00BRK9BQ81)

Dates of purchase:

17 January 2018

19 January 2018

 

 

Aggregate Information:

Aggregated volume

Volume weighted average price

Venue

495,000

£0.17

AIM market, London Stock Exchange PLC

 

Individual transactions

Date of purchase:

Time of purchase:

Number of Ordinary Shares purchased:

Price paid per Ordinary Share (p)

Volume weighted average price per Ordinary Share

 

17/01/2018

15:17

65,000

17.65

17.75

 

17/01/2018

09:01

15,000

17.95

17.75

 

17/01/2018

09:07

25,000

18

17.75

 

17/01/2018

10:12

50,000

17.7125

17.75

 

17/01/2018

14:23

25,000

17.7475

17.75

 

18/01/2018

10:37

25,000

17.25

17.11

 

18/01/2018

12:39

75,000

17

17.11

 

18/01/2018

12:44

25,000

17

17.11

 

18/01/2018

12:53

25,000

17

17.11

 

18/01/2018

12:58

25,000

17

17.11

 

18/01/2018

13:13

25,000

17

17.11

 

18/01/2018

13:27

50,000

17.4

17.11

 

18/01/2018

13:18

15,000

17.17

17.11

 

19/01/2018

16.25

50,000

17.2475

17.25

 

 

FastForward Innovations Limited

info@fstfwd.co

Sue Saunders / Ian Burns

 

 

Beaumont Cornish Limited (Nomad) Tel: +44 (0) 207 628 3396

James Biddle / Roland Cornish

 

 

Optiva Securities Limited (Broker) Tel: +44 (0) 203 411 1881

Ed McDermott

 

CAUTIONARY STATEMENT

The AIM Market of London Stock Exchange plc does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding potential values, the future plans and objectives of Fast Forward Innovations Ltd. There can be no assurance that such statements will prove to be accurate, achievable or recognizable in the near term.

Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Fast Forward Innovations assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

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