ORA Capital Partners Limited (AIM: ORA), the Guernsey based company involved in the growth and development of businesses, announces that on Wednesday 5 June 2013, it completed the buy-back of 170,819 Ordinary Shares of 1p each in the Company ("Ordinary Shares") at an average price of £1.975 per share.
The Ordinary Shares purchased by the Company are to be cancelled and in addition 18,959 of the 3,783,259 Ordinary Shares currently held in Treasury are also to be cancelled. Therefore, the Company's capital now consists of 37,680,678 Ordinary Shares of which 3,764,300 are held in Treasury.
The total number of voting rights in the Company is 33,916,378. 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 | 80.71% |
Michael Bretherton* | 2,060,000 | 6.07% |
James Ede-Golightly | 169,176 | 0.50% |
Beatrice Hollond | 300,000 | 0.88% |
* 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.
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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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