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Tiso Blackstar Group (TBGR)

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Friday 13 April, 2018

Tiso Blackstar Group

Transaction in Own Shares

RNS Number : 8614K
Tiso Blackstar Group SE
13 April 2018

Tiso Blackstar Group SE

(Incorporated in England and Wales)

(Company number SE 110)

(registered as an external company with limited liability in the Republic of South Africa under registration number 2011/008274/10)

LSE Ticker: TBGR

JSE Share code: TBG


("Tiso Blackstar" or the "Company")


Transaction in own shares


Tiso Blackstar shareholders are advised that on 12 April 2018 the Company purchased 5,785 Tiso Blackstar ordinary shares of €0.76 each (the "Shares") at an average price of R4.70 (£0.28) per share. The purchased Shares are expected to be held in treasury in accordance with applicable law. The number of Shares purchased represents 0.0021% of the total shares in issue.


The Company has a total of 272,307,233 ordinary shares in issue, of which 472,830 are non-voting treasury shares and 6,887,236 are held under the Management Incentive Scheme ("MIS"). The shares held by the MIS are disclosed as treasury shares for accounting purposes, however they have been committed to meeting the Company's obligations to participants under the MIS and the participants have the right to vote the shares. Based on this accounting basis, there are a total of 7,360,066 treasury shares.


The total number of voting rights in the Company is therefore 271,834,403 ("Voting Rights Figure"). The Voting Rights Figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their voting rights interest, or a change to that interest, in the Company under the FCA's Disclosure and Transparency Rules.


Tiso Blackstar confirms that, following the awards above, the Concert Party, as defined in the circular posted to shareholders dated 26 May 2017, now holds 34,1282% of the Company's total voting rights.


This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.




13 April 2018


For further information, please contact:

Tiso Blackstar Group SE

Leanna Isaac

+44(0) 20 7887 6017

Northland Capital Partners Limited

Tom Price/Jamie Spotswood

+44(0) 20 3861 6625

JSE Sponsor: One Capital

Sholto Simpson

+27(0) 11 550 5000


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

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