REG - Eurocell plc - Non-executive Directors' Share Purchase Plan

EurocellAnnouncement

03/02/2023 07:00

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RNS Number : 7963O  Eurocell plc  03 February 2023

3 February 2023

 

EUROCELL PLC

("Eurocell" or the "Group")

 Non-executive Directors' Share Purchase Plan

 

Eurocell, the market leading, vertically integrated UK manufacturer,
distributor and recycler of innovative window, door and roofline PVC building
products, announces that a number of the Non-executive Directors, including
the Chair of the Board, have entered into a share purchase plan ('NED Purchase
Plan') which is in place for 12 months from 1 February 2023.

 

In accordance with the NED Purchase Plan, each Director has irrevocably
instructed the Company to direct one quarter of their net monthly fees to an
appointed broker to automatically make market purchases of ordinary shares in
Eurocell for the account of the Director.

 

The appointed broker will purchase ordinary shares from the market on, or
around, the fifth trading day of the month following each 3-month period and
therefore the first purchase under the NED Purchase Plan is expected to occur
on or around 5 May 2023.

 

As a result of entering into the NED Purchase Plan, each Director will be
committed to make the purchase of ordinary shares under the NED Purchase Plan
in what otherwise may be a closed period. Entering into the NED Purchase Plan
will not preclude the Director from buying additional ordinary shares in the
Company during open periods.

 

The market will be notified of the share purchases under the NED Purchase Plan
in accordance with regulatory requirements.

 

 

Enquiries:

Paul Walker, Group Company Secretary

Tel: 01773 842100

 

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