Energy Technique completes share buy-back

Energy Technique, the AIM-listed industrial engineering company which operates UK air conditioning products manufacturer Diffusion has completed the buy-back of 470,000 ordinary shares of 10p each in the company from Elsina at a price of 42.5p per share.

Energy Technique, the AIM-listed industrial engineering company which operates UK air conditioning products manufacturer Diffusion has completed the buy-back of 470,000 ordinary shares of 10p each in the company from Elsina at a price of 42.5p per share.

In an announcement issued on Friday afternoon, the company said that the shares would immediately be cancelled and the company advised that, following the buy-back and cancellation, the company's issued ordinary share capital will be 2.86m ordinary shares.

Following the buy-back and cancellation, Elsina holds 470,000 shares, representing, 16.4% of the issued ordinary share capital of the company.

Energy Technique's share price was 50p at 13:10 on Friday.

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