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ORA Capital Partners Ltd  -  ORA   

Buy Back of Shares & Total Voting Rights

Released 10:18 30-Nov-2012

RNS Number : 4219S
ORA Capital Partners Ltd
30 November 2012
 



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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Buy Back of Shares & Total Voting Rights - RNS