Croma Security Solutions Group PLC Transaction in own shares and total voting rights (4455R)
October 26 2023 - 9:42AM
UK Regulatory
TIDMCSSG
RNS Number : 4455R
Croma Security Solutions Group PLC
26 October 2023
The following amendments have been made to the '(Transaction in
own shares and total voting rights)' announcement released on
26/10/2023 at 7:00am under RNS No 3142R.
Shares held in treasury increased from 1,768,936 to
2,168,936.
Total number of voting rights decreased from 14,129,720 to
13,729,720.
All other details remain unchanged.
The full amended text is shown below.
Croma Security Solutions Group Plc
("CSSG", "Croma", "the "Company" or the "Group")
Transaction in own shares
and total voting rights
Croma Security Solutions Group plc (AIM:CSSG) announced on 30
June 2023 that the Company had purchased 798,422 Ordinary Shares
held by Sebastian Morley and Paul Williamson (the "Sellers") at a
price of 47.5 pence per share and that these shares would be held
in treasury (the "Buy-Back"). This Buy-Back was part of the
arrangements in relation to the disposal of Vigilant Security
(Scotland) Limited details of which were set out in the Circular
dated 6 June 2023 and approved by shareholders at the General
Meeting on 30 June.
Subsequently it has been confirmed that one of the Sellers held
26,000 ordinary shares less than had been reported and therefore
the correct number of shares subject to the Buy-Back is 772,422
Ordinary Shares. The Seller has returned to the Company the sum of
GBP12,350, being the amount he was overpaid for the 26,000 Ordinary
Shares he incorrectly stated to hold at a price of 47.5 pence per
share in the Buy-Back.
This adjustment impacts both the total voting rights in the
Company and number of shares held by the Company in treasury. The
amended position is set out below.
In accordance with the Disclosure and Transparency Rules (DTR
5.6.1R) the Company hereby notifies the market that immediately
following this correction its issued share capital will remain the
same and consist of 15,898,656 Ordinary Shares of which 2,168,936
are held in Treasury. Therefore, the total number of voting rights
in the Company is 13,729,720. 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.
For further information visit www.cssgroupplc.com or
contact:
Croma Security Solutions Group Plc Tel: +44 (0)1489 566 166
Roberto Fiorentino, CEO
Teo Andreeva, CFO
WH Ireland Limited Tel: +44 (0)207 220 1666
(Nominated Adviser and Broker)
Mike Coe
Sarah Mather
Novella Tel: +44 (0)203 151 7008
Tim Robertson
Claire de Groot
Safia Colebrook
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