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30 November 2012
ORA Capital Partners Limited ("ORA" or "the Company")
Buy-back of Shares and Total Voting Rights
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 5,500,000 Ordinary Shares of 1p each in the Company ("Ordinary Shares") at an average price of £1.16 per share.
The Ordinary Shares purchased by the Company are to be cancelled and in addition 610,433 of the 5,311,523 Ordinary Shares currently held in Treasury are also to be cancelled. Therefore, the Company's capital now consists of 47,057,961 Ordinary Shares of which 4,701,090 are held in Treasury.
The total number of voting rights in the Company is 42,356,871. 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 |
64.62% |
|
Michael Bretherton* |
2,060,000 |
4.86% |
|
James Ede-Golightly |
169,176 |
0.40% |
|
Beatrice Hollond |
384,000 |
0.91% |
* 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)1481 738724 |
|
Smith & Williamson Corporate Finance Limited Azhic Basirov Siobhan Sergeant |
+44 (0)20 7131 4000 |
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