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Transaction in Own Shares

31st Aug 2010 07:45

RNS Number : 8448R
Avarae Global Coins PLC
31 August 2010
 

Avarae Global Coins plc ("Avarae" or the "Company")

 

Purchase of own securities and Total Voting Rights

 

Avarae announces today that it made market purchases of 1,250,000 ordinary shares of 1 pence each (the "Ordinary Shares") and a further 100,000 Ordinary Shares for cancellation representing 1.53% of the current issued share capital of the Company on 26 August 2010 and 27 August 2010. The shares were purchased at prices of 7.625 and 8 pence each respectively.

 

For the purpose of the Financial Services Authority's Disclosure and Transparency Rules, the Company's total issued share capital at the date of this notice and following the transaction consists of 86,783,334 Ordinary Shares of 1 pence each, with one voting right per share. There are no shares held in treasury.

 

The total number of voting rights in the Company is therefore 86,783,334.

 

The above figure of 86,783,334 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.

 

For further information on Avarae Global Coins plc, please contact:

 

Diane Clarke/Matt Woode

+44 (0)20 7930 6879

Avarae Global Coins plc

 

 

 

 

Adrian Hadden/Stewart Wallace

+44 (0)20 7523 8350

Collins Stewart Europe Limited

 

 

 

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