REG - Cenkos Securities - EBT Share Purchase

Cenkos SecuritiesAnnouncement

21/03/2018 16:05

RNS Number : 4974I
Cenkos Securities PLC
21 March 2018
 

21 March 2018
 
Cenkos Securities plc
("Cenkos" or the "Company")
 
EBT Share Purchase
 
The Company was notified on 20 February 2018 that, in accordance with the trading plan between the Company and Zedra Trust Company (Guernsey) Limited ( the "Trustee") announced on 23 May 2017, the Cenkos Securities plc Employee Benefit Trust (the "EBT") purchased 42,000 ordinary shares in the Company at a price of £1.18 per ordinary share on 20 March 2018. These ordinary shares are to be held in the EBT and are intended to be used to satisfy current and future share awards made under the Company's employee incentive and share option awards. The EBT is a discretionary trust for the benefit of the Company's employees, including the executive directors of the Company.
 
Following this transaction, a total  1,587,696 ordinary shares, representing 2.87% of the Company's issued ordinary share capital, are held in the EBT and, together with the Company's two further employee benefit trusts, a total of  3,870,600 ordinary shares, representing 7.00 % of the Company's issued ordinary share capital, are held by the Company's employee benefit trusts.
 
Enquiries:
 




Cenkos Securities plc
Anthony Hotson, Chief Executive Officer      
 


+44 20 7397 8900




Smith & Williamson Corporate Finance Limited
Nominated Adviser and Joint Broker
Dr Azhic Basirov / David Jones / Ben Jeynes                   
 


+44 20 7131 4000
 




Whitman Howard Limited
Joint Broker
Nick Lovering
 


+44 20 7659 1224




Buchanan Communications
David Rydell
 


+44 20 3466 5066




 
 
                                                                    
 
                                                                                   
 



This information is provided by RNS
The company news service from the London Stock Exchange
 
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