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Tavistock Investment (TAVI)


Monday 20 September, 2021

Tavistock Investment

Transaction in Own Shares

RNS Number : 1963M
Tavistock Investments PLC
20 September 2021

Tavistock Investments Plc

("Tavistock" or the "Company")


Transaction in own shares


20 September 2021


Tavistock announces that on 17 September 2021, in accordance with the authority granted by shareholders at the Company's General Meeting on 23 July 2021 and as signalled in the Company's 2021 final results announced on 7 September 2021, the Company purchased 28,898,378 of its own ordinary shares of 1 penny each ("Ordinary Shares"), representing 4.75% of the shares in issue, at a price of 4.7 pence per share (the "Buyback Shares").


These shares will now be cancelled.


Once the Buyback Shares have been cancelled, the Company will have 578,897,423 ordinary shares in issue. Therefore, the total number of voting rights in the Company will be 578,897,423 which 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 FCA's Disclosure Guidance and Transparency Rules.


Assuming no further issue of shares, Earnings Per Share (EPS) for each remaining share in issue will increase by 4.6% as a consequence of this transaction.






For further information


Tavistock Investments Plc

Oliver Cooke

Brian Raven


Tel: 01753 867000

Allenby Capital Limited

(Nominated adviser and broker)

Corporate Finance:

Nick Naylor, Nick Athanas, Liz Kirchner

Sales and Corporate Broking:

Tony Quirke


Tel: 020 3328 5656


Gilly Lock

Chloe Retief


Tel: 07711 380 007

       020 7250 1446



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