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ORA Capital Partners (ORA)

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Friday 11 March, 2011

ORA Capital Partners

Share Buyback & Total Voting Rights

RNS Number : 7867C
ORA Capital Partners Ltd
11 March 2011
 



11 March 2011

  

ORA Capital Partners Limited ("ORA" or "the Company")

Buy-back of shares

 

ORA Capital Partners Limited (AIM: ORA), the Guernsey based company involved in the growth and development of businesses, announces that yesterday it completed the buy-back of 565,000 Ordinary Shares of 1p each in the Company ("Ordinary Shares") at a price of £1.20 per share.

 

The Ordinary Shares purchased by the Company are to be cancelled and in addition 62,708 of the 6,932,188 Ordinary Shares currently held in Treasury are also to be cancelled. Therefore, the Company's capital now consists of 68,763,566 Ordinary Shares of which 6,869,480 are held in Treasury.

 

The total number of voting rights in the Company is 61,894,086.  The voting rights on all these shares are identical.   This figure may be used by shareholders 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 FSA's Disclosure and Transparency Rules.

 

Following the recent buy-backs of Ordinary Shares, the directors' percentage holdings in the Company, as a result of the consolidation, are as follows:

 

Director

Number of Ordinary Shares

Percentage

Richard Griffiths

27,372,366

44.22%

Michael Bretherton*

2,060,000

3.33%

James Ede-Golightly

199,176

0.32%

Beatrice Hollond

384,000

0.62%

 * 2,000,000 of these Ordinary Shares are held by an Employee Benefit Trust under a Joint Ownership Agreement, pursuant to which Mr Bretherton has a beneficial interest, only, in such Ordinary Shares.

 

-Ends-

 Enquiries:

 

ORA Capital Partners Limited                                                              

Richard Griffiths - Executive Chairman

Michael Bretherton - Finance Director

 

+44 (0)20 7099 7260

Smith & Williamson Corporate Finance Limited

Azhic Basirov

Siobhan Sergeant

+44 (0)20 7131 4000

 


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