Bushveld Minerals Limited (AIM: BMN), a diversified mineral development company with projects in Africa, has told DirectorsTalk that 570,000 ordinary shares of 1 pence each in the Company were repurchased through the Company’s Broker Mirabaud Securities LLP (“Mirabaud”) with 375,000 acquired at a price of 3.526 pence per share on 9 October 2015, and 195,000 acquired at a price of 3.376 pence per share on 16 October 2015, pursuant to the authority granted to Mirabaud as detailed in the announcement of 30 September 2015. All repurchased shares will be held in Treasury.
Following this transaction, the issued share capital of the Company will be 486,337,438 Ordinary Shares of which 570,000 Ordinary Shares are held in Treasury.
For reporting purposes, the market should exclude any shares held in Treasury and should use the figure of 485,767,438 Ordinary Shares (the issued voting share capital) when determining if they are required to notify their interest, or a change of their interest in the Company.