Tavistock Investments Plc
("Tavistock" or the "Company")
Transaction in own shares and total voting rights
17 August 2022
Tavistock announces that on 17 August 2022, in accordance with the authority granted by shareholders at the Company's Annual General Meeting held on 7 October 2021 and as signalled in the Company's 2021 final results announced on 7 September 2021, the Company has purchased 3,000,000 of its own ordinary shares of 1 penny each ("Ordinary Shares"), representing 0.54% of the shares in issue, at a price of 9.35 pence per share (the "Buyback Shares").
The Buyback Shares will now be cancelled and a further announcement will be made once the cancellation has taken place.
Once the Buyback Shares have been cancelled, the Company will have 555,377,576 Ordinary Shares in issue. Therefore, the total number of voting rights in the Company will be 555,377,576 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 Ordinary Shares, the earnings per share is expected to increase by 0.54% per Ordinary Share as a result of this transaction.
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