Purchase of Own Shares and Total Voting Rights

RNS Number : 0791O

LMS Capital PLC

15 August 2017

 

LMS Capital plc

Purchase of Own Shares and Total Voting Rights

LMS  Capital  plc (the "Company")  announces  that,  in  connection  with  a  Tender  Offer (the results  of which  were  announced  earlier  today)  on  15 August 2017,  the  Company  purchased  15,714,285 Ordinary Shares at a price of 70 pence per Ordinary Share. These 15,714,285 Ordinary Shares have been cancelled (and none have been transferred to treasury).

Following  completion  of  the  Company's  Tender  Offer  and  associated  Repurchase,  the  Company's issued  share capital  consists  of  80,727,450 Ordinary  Shares  of  10  pence each,  each  carrying  one voting right. The Company holds no Ordinary Shares in treasury.

Therefore, as at 15 August 2017, the total number of voting rights in the Company is 80,727,450. This figure  may  be  used  by  shareholders  as  the  denominator  for  the  calculations  by  which  they determine if they are required to notify their interest in, or a change in their interest in, the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

Capitalised terms used in this announcement (unless otherwise defined) have the same meaning as given to them in the Circular.

For further information please contact:

LMS Capital plc 

Martin Knight, Chairman                                                                                                                    020 3837 6270

Gresham House Asset Management Limited                            

Graham Bird                                                                                                                                         020 3837 6270

J.P. Morgan Cazenove                                                                                                                     

Michael Wentworth-Stanley                                                                                                               020 7742 4000

J.P. Morgan Securities plc, which conducts its UK investment banking business as J.P. Morgan Cazenove, is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority and is acting for the Company and no one else in connection with the Waiver, Rule 9 Waiver Resolution, Tender Offer and Repurchase and will not be responsible to anyone other than the Company for providing the protections afforded to its clients nor for providing advice in connection with the Waiver, Rule 9 Waiver Resolution, Tender Offer and Repurchase.

Apart from the responsibilities and liabilities, if any, which may be imposed on J.P. Morgan Cazenove by FSMA, the FS Act, or the regulatory regimes established thereunder, J.P. Morgan Cazenove accepts no responsibility whatsoever for the contents of this announcement or the Circular and disclaims all and any liability whether arising in tort, contract or otherwise (save as referred to above) which it might otherwise have in respect of this announcement or the Circular.

 

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