Hydrogen Group PLC commences an Equity Buyback Plan for 3,345,082 shares, representing 10% of its issued share capital under the authorization approved on May 25, 2018.
October 30, 2018 at 03:00 am EDT
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Hydrogen Group PLC (AIM:HYDG) commences share repurchases on October 29, 2018, under the program mandated by the shareholders in the Annual General Meeting held on May 25, 2018. As per the mandate, the company is authorized to repurchase up to 3,345,082, representing 10% of the issued share capital. The minimum price, which may be paid for shares, is 1p per ordinary share. The maximum price, which may be paid for shares, is the higher of 5% above the average price at which deals are done in shares taken from the AIM appendix to The London Stock Exchange Daily Official List for the five business days before the purchase is made and the higher of the price of the last independent trade of an ordinary share and the highest. The plan is valid till next AGM in 2019 or, if earlier, 18 months after the passing of resolution. As of date October 29, 2019, the company has 33,450,823 shares in issue.
Evolvient Capital Limited is a United Kingdom-based company, which is engaged in the provision of recruitment services for mid to senior level professional staff. The Company operates through two segments offering both permanent and contract specialist recruitment consultancy for the organizations. The Company's segments are Professional Support Services and Technical and Scientific. The Company recruits for roles in Professional Support Services, including legal, finance, technology and business transformation placements, and in Technical and Scientific market sectors, such as power, mining, oil and gas and life sciences.
Hydrogen Group PLC commences an Equity Buyback Plan for 3,345,082 shares, representing 10% of its issued share capital under the authorization approved on May 25, 2018.
HYDROGEN GROUP PLC 