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160.00    0.00 (0.00%)
Bid:
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Spread: 80.00 (66.667%)
Market Cap: £77.39m
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Share Buy-Back Programme

10 Apr 2019 07:00

RNS Number : 6736V
Spectra Systems Corporation
10 April 2019
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014.

 

FOR IMMEDIATE RELEASE

 

10 April 2019

 

Spectra Systems Corporation

 

("Spectra" or the "Company")

 

Share Buy-Back Programme

 

 

Spectra announces that its Board resolved on 9 April 2019 to approve, for an extendable period of twelve months therefrom, a share buy-back authority in respect of up to 4,500,000 common shares of the Company.

 

WH Ireland Limited, the Company's broker, has been authorised on the Company's instruction to make such purchases on its behalf in accordance with its Byelaws.

 

No purchases will be made until a further announcement has been made by Spectra which is expected shortly.

 

 

Enquiries:

 

 

Spectra Systems Corporation

Tel: +1 (0) 401 274 4700

Dr. Nabil Lawandy, Chief Executive Officer

 

 

 

WH Ireland Limited

Tel: +44 (0) 20 7220 1650

Chris Fielding, Managing Director, Corporate Finance

 

James Sinclair-Ford

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCEASLNESENEFF
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