Transaction in Own Shares

RNS Number : 7675X
FastForward Innovations Limited
28 November 2017
 

28 November 2017

 

 

FastForward Innovations Ltd

("FastForward" or the "Company")

Transaction in Own Shares

FastForward Innovations Limited (AIM: FFWD) (the "Company") announces that it has made the following redemptions pursuant to the share buyback programme (the "Buyback Programme") announced on 20 November 2017:

Date of purchase:

23 November

Number of Ordinary Shares purchased:

95,000

Highest price paid per Ordinary Share:

£0.13

Lowest price paid per Ordinary Share:

£0.13

Volume weighted average price per Ordinary Share:

£0.13

 

Date of purchase:

27 November

Number of Ordinary Shares purchased:

150,000

Highest price paid per Ordinary Share:

£0.13

Lowest price paid per Ordinary Share:

£0.13

Volume weighted average price per Ordinary Share:

£0.13

Following the repurchase of the shares set out above, the Company's issued share capital consists of 136,144,498 Ordinary Shares. 3,403,623 Ordinary shares are held in Treasury. For reporting under the FCA's Disclosure and Transparency Rules, Shareholders should exclude any shares held in Treasury and should use the figure of 132,740,875 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 Buyback 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, Optiva Securities Limited, are set out below:

Schedule of Purchases:

 

Shares purchased:

FastForward Innovations Limited (ISIN: GG00BRK9BQ81)

Dates of purchase:

23 November 2017

 

27 November 2017

 

Aggregate Information:

 

Aggregated volume

Volume weighted average price

Venue

245,000

£0.13

AIM market, London Stock Exchange PLC

   

 

 

Individual transactions

 

 

 

 

 

Date

Time

Number of shares

Price per share

23 Nov 2017

Multiple

95,000

£0.13

27 Nov 2017

10:03

50.000

£0.13

27 Nov 2017

16:11

50.000

£0.13

27 Nov 2017

16:18

50.000

£0.13

 

 

 

 

 

 

FastForward  Innovations Limited

info@fstfwd.co

Josh Epstein / Ian Burns

 

 

Beaumont Cornish Limited (Nomad) Tel: +44 (0) 207 628 3396

James Biddle / Roland Cornish

 

 

Optiva Securities Limited (Broker) Tel: +44 (0) 203 411 1881

Ed McDermott

 

       

CAUTIONARY STATEMENT

The AIM Market of London Stock Exchange plc does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding potential values, the future plans and objectives of Fast Forward Innovations Ltd. There can be no assurance that such statements will prove to be accurate, achievable or recognizable in the near term.

Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Fast Forward Innovations assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.


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