REG - Grainger PLC - EBT Purchase

GraingerAnnouncement

25/05/2023 16:15

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RNS Number : 7141A  Grainger PLC  25 May 2023

Grainger plc (the "Company")

 

Employee Benefit Trust Share Purchase

 

 

The Company confirms that on 19, 22, 23 and 24 May 2023, Computershare
Trustees (Jersey) Limited, acting as trustee of the Grainger plc Employee
Benefit Trust (the "EBT"), purchased in the market a total of 2,078,722
Ordinary shares of nominal value 0.05 pence each in the capital of
the Company in 4 tranches as follows: 366,660 shares at £2.55 per share;
492,585 shares at £2.58 per share; 147,092 shares at £2.61 per share and
1,072,385 shares at £2.58 per share.

 

Immediately following settlement of the above transaction, the EBT will hold
3,521,840 Ordinary shares, representing 0.47% of the Company's issued share
capital with voting rights. All shares held by the EBT will ultimately be used
to satisfy share awards and options granted under the Company's various share
incentive arrangements.

 

The Executive Directors and Persons Discharging Managerial Responsibility of
the Company, together with other employees, are included in the potential
beneficiaries of the EBT and are therefore treated as having an interest in
some of those shares and the dealings thereof.

 

The Company's issued share capital as at 25 May 2023 is 741,531,056 ordinary
shares of 5p each ("Shares") with voting rights (the "Voting Rights Figure")
and 1,506,300 Shares in Treasury.

 

For and on behalf of Grainger plc

 

 

Adam McGhin

Group General Counsel and Company Secretary

 

 

 

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