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SimiGon Limited   -  SIM   

Transaction in Own Shares

Released 16:25 07-Sep-2018

RNS Number : 1807A
SimiGon Limited
07 September 2018
 

7 September 2018

SimiGon Ltd

("SimiGon" or "the Company") 

Transaction in Own Shares and Total Voting Rights

SimiGon Ltd (LSE: SIM), a global leader in modeling, simulation and training solutions, announces that, pursuant to the share buyback programme (the "Programme") announced on 1 December 2017, the Company purchased 117,000 ordinary shares of 0.01 NIS each in the capital of the Company ("Ordinary Shares") at the average price per Ordinary Share of 14 pence ("Buyback Shares") through finnCap Ltd (acting as the Company's broker) on 7 September 2018.

The Buyback Shares, along with any other Ordinary Shares purchased by the Company pursuant to the Programme, will be held in treasury.

Following the purchase of the Buyback Shares, the total number of voting rights in the Company is  50,922,189 (excluding the 472,000 Ordinary Shares held in treasury). 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.

The schedule below contains detailed information about the purchases made by finnCap on behalf of the Company as part of the Programme.

Date of purchase

7 September 2018

Aggregate number of Ordinary Shares purchased

472,000 Ordinary Shares

The average price paid per Ordinary Share

14.68 pence per Ordinary Share





For further information please contact: 

Enquiries:

SimiGon Ltd


Ami Vizer, Chief Executive Officer

+1 (407) 951 5548   

Efi Manea, Chief Financial Officer




 

finnCap (NOMAD & Broker)

 

+44 (0) 207 220 0500

Henrik Persson/Matthew Radley










About SimiGon

SimiGon (AIM: SIM) is a leading developer and supplier of distributed simulation solutions for defence and civilian applications. SimiGon is the creator of SIMbox, a leading PC-based platform for creating, managing and deploying simulation-based content across multiple domains. Through its off the-shelf training solutions for demanding high-skill occupations, SimiGon provides diverse organizations with faster and more cost-effective training. SimiGon's growing client base includes blue-chip training and simulation systems providers as well as air forces and commercial airlines worldwide. Founded in 1998, SimiGon maintains offices in Israel and the United States.


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Transaction in Own Shares - RNS