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On 9 November 2023, Touchstar plc purchased 25,000 of its ordinary shares at 96 pence per share, for a total of £24,000. These shares will be held in treasury, increasing the total number of shares held in treasury to 275,000. Following this transaction, the company's issued share capital remains 8,475,077 ordinary shares, resulting in a total of 8,200,077 voting rights.
| Date | 9 Nov 2023 |
| Time | 11:14:00 |
| Category | Capital structure |
| ID | 9710S |
Touchstar plc
(the "Company" or "Touchstar")
Transaction in Own Shares and Total Voting Rights
Touchstar plc (AIM: TST), suppliers of mobile data computing solutions and managed services to a variety of industrial sector announces that on 9 November 2023, pursuant to the authority approved by shareholders at the Company's Annual General Meeting held on 22 April 2023, the Company purchased 25,000 ordinary shares of 5 pence each ("Ordinary Shares") at a price of 96 pence per share (the "Transaction").
The Ordinary Shares, which have been purchased, will be held in treasury. In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) the Company hereby notifies the market that immediately following the Transaction its issued share capital will remain the same and consist of 8,475,077 Ordinary Shares of which 275,000 Ordinary Shares are held in Treasury. Therefore, the total number of voting rights in the Company is 8,200,077. Shareholders may use this figure as the denominator for the calculations by which they will determine if 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.
The information below, set out in accordance with the requirements of the Market Abuse Regulation, provides further detail on shares acquired.
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Details of the trade:
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a) |
Name |
Touchstar Plc |
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2 |
Reason for the notification |
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a) |
Position/status |
Treasury Share Account |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Touchstar Plc |
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b) |
LEI |
213800EO42MM683FGC44 |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 5p
GB00BD9YDB55 |
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b) |
Nature of the transactions |
Purchase of Ordinary Shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
25,000 £24,000.00 |
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e) |
Date of the transaction |
9 November 2023 |
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f) |
Place of the transaction |
London Stock Exchange, AIM |
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The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
For further information, please contact:
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Touchstar plc |
Ian Martin/ Mark Hardy |
0161 874 5050 |
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WH Ireland - Nominated adviser and broker |
Mike Coe/ Sarah Mather |
0207 220 1666 |
Information on Touchstar plc can be seen at: www.touchstarplc.com