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Transaction in Own Shares

20th May 2014 07:00

RNS Number : 5224H
Tangent Communications PLC
20 May 2014
 



20 May 2014

Tangent Communications plc ("Tangent" or the "Company")

 

TRANSACTION IN OWN SHARES

 

Tangent (AIM:TNG), the online print and digital marketing business, announces that in accordance with the share repurchase programme announced on 11 November 2013, the Company purchased 2,000,000 of its own shares on 19 May 2014 at a price of 9.50 pence per share. The purchased shares are to be held in treasury.

 

Following the share buyback, the Company's issued ordinary share capital consists of 280,889,648 shares, of which 2,000,000 shares are held in treasury.

 

Therefore the total number of shares which hold voting rights in the Company is 278,889,648 ordinary shares of 1 pence each. This is the figure which should be used by shareholders as the denominator when determining whether 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.

 

- ends -

 

 

For further information, please contact:

Tangent Communications plcTimothy Green - Chief Executive: 020 7462 6101Seema Paterson - Corporate Development: 020 7462 6101

Canaccord Genuity Limited - Nominated adviser and broker

Bruce Garrow / Emma Gabriel: 020 7523 8350

 

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