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Transaction in Own Shares

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RNS Number : 5666L
Minds + Machines Group Limited
06 September 2019
 

Minds + Machines Group Limited

("MMX" or the "Company")

 

Transaction in Own Shares

 

Minds + Machines Group Limited (AIM: MMX), the top-level domain registry company, announces that it has made the following purchase of ordinary shares of no par value ("Ordinary Shares") pursuant to the share buyback programme (the "Programme") announced on 26 July 2019:

 

Date of purchase:

6th September 2019

Number of Ordinary Shares purchased:

273,818

Highest price paid per Ordinary Share:

5.5p

Lowest price paid per Ordinary Share:

5.5p

Volume weighted average price per Ordinary Share:

5.5p

 

Following the repurchase of Ordinary Shares set out above, the Company's issued share capital consists of 924,857,562 Ordinary Shares, 973,818 of which are held in Treasury. For reporting under the FCA's Disclosure Guidance and Transparency Rules, shareholders should exclude any shares held in Treasury and should use the figure of 923,883,744 Ordinary Shares (the issued voting share capital) when determining if they are required to notify their interest, or a change of their interest in the Company.

 

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Programme.

 

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own Ordinary Shares by the Company, which were all executed through the Company's broker, finnCap Ltd, are set out below:

 

Schedule of Purchases:

Shares purchased:

Minds + Machines Group Limited (ISIN: VGG614091012)

Date of purchase:

6th September 2019

 

Aggregate Information:

Aggregated volume

273,818

Volume weighted average price

5.5p

Venue

XLON

 



 

Individual Transactions:

 


Date of purchase

Time of purchase

Number of Ordinary Shares purchased:

Price paid per Ordinary Share (p)

06/09/2019

14:23:02

100,000

5.5

06/09/2019

14:23:13

73,818

5.5

06/09/2019

15:37:41

100,000

5.5

 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

*- ends - *

 

For further information

 

Minds + Machines Group Limited


Toby Hall, CEO

Tel: +44 (0) 7713 341072

Michael Salazar, CFO

Tel: +1 (310) 740 7499



finnCap Ltd

Tel:+ 44 (0) 20 7220 0500

Corporate finance - Stuart Andrews/Carl Holmes/Simon Hicks

ECM - Tim Redfern/Richard Chambers




Belvedere Communications Limited

Tel: +44 (0) 74 070 23147

John West

Llew Angus





 

About MMX

 

Minds + Machines Group Limited (LSE: MMX) is the owner of a world class portfolio of 32 ICANN approved top-level domains (gTLDs). The Company generates revenues through the registration and annual renewal of names by organisations and individuals within each of its top-level domains, sales being processed through the Group's network of global registrar and distribution partners.

 

The MMX portfolio is currently focused around generic names (e.g. .work, .vip), consumer interest (e.g. .fashion, .wedding), lifediv (e.g. .fit, .surf, .yoga), professional occupations (e.g. .law), and geographic domains (e.g. .london, .boston, .miami, .bayern). In 2018, the Company completed its first acquisition, the ICM portfolio, and recently launched its first innovation based project, .luxe, which combines the strengths of the World Wide Web's naming system with that of blockchain. For more information on MMX and its rapidly growing renewal base, please visit www.mmx.co.

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 


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 [email protected] or visit www.rns.com.
 
END
 
 
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Price: 5.82

Market: TSX
Market Cap: $628.73 m
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