The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Share Buy-Back

16 Jun 2020 15:23

RNS Number : 1449Q
Spectra Systems Corporation
16 June 2020
 

Spectra Systems Corporation

("Spectra" or the "Company")

Share Buy-Back

The board of Spectra announces that on 15 June 2020 WH Ireland Limited purchased for cancellation 45,000 of Spectra's common shares (unrestricted line with ISIN US84756T1060) at a price of 118.19 pence per share. This purchase was made in accordance with the Company's Byelaws and with a board authority dated 8 April 2019 for up to 4,500,000 of the Company's shares to be bought back. A total of 146,000 common shares have been purchased and cancelled under this authority.

The Company advises that, following this purchase and cancellation, the Company's issued share capital now comprises 45,762,631 common shares as follows:

566,455 shares in the Regulation S stock line ISIN number USU8457D1091 (AIM:SPSC); and

45,196,176 shares in the unrestricted line ISIN number US84756T1060 (AIM:SPSY).

Spectra Systems has no Shares in treasury, therefore 45,762,631 may be used by shareholders, from Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

Spectra Systems Corporation

Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274 4700

WH Ireland Limited

Chris Fielding, Managing Director, Corporate Finance Tel: +44 (0) 20 7220 1650

 

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
 
 
POSFFMITMTBBBLM

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.