28 January 2014
Global Market Group Limited
("Global Market", "the Company" or "GMC")
COMPLETION OF SHARE BUY-BACK
Global Market (AIM: GMC), a leading business-to-business e-commerce service provider dedicated to connecting manufacturers in China with buyers from all over the world, announces that, pursuant to the share buyback authority granted by shareholders at its Extraordinary General Meeting on 30 July 2012, the Company has today purchased in aggregate 4,503,000 ordinary shares of the Company from NIFSMBC-V2006S1 and NIFSMBC-V2006S3 (together, the "Vendors") at an average price of 29.1 pence per share. These shares will be held as treasury shares. As a result of this buyback, the Vendors no longer have any interest in the Company's ordinary shares.
The Company has a total of 97,824,935 ordinary shares in issue, with 4,503,000 shares held in treasury. Total voting rights in the Company have been reduced to 93,321,935.
For further information, please visit www.globalmarket.comor contact:
David Ling/ Cheandy Hu/ Mophy Fan Global Market Group Limited: +86 (20) 8600 2299
Philip Secrett/ Maureen Tai/ Jen Clarke Grant Thornton UK LLP, Nominated Adviser: +44 (0)20 7383 5100
Richard Baty/ Paul Gillam Westhouse Securities Limited, Broker: +44 (0)20 7601 6100
Allan Piper/ Jiang Lei First City Public Relations: +852 2854 2666
Simon Hudson/Kelsey Traynor Tavistock Communications: +44 (0) 20 7920 3150
distributed by |