REG - LPA Group PLC - EBT Share Purchase

LPAAnnouncement

04/09/2018 10:05

RNS Number : 7072Z
LPA Group PLC
04 September 2018
 


LPA GROUP PLC
EBT Share Purchase
LPA Group PLC ("LPA" or the "Group"), the high reliability LED lighting and electro-mechanical system manufacturer and distributor, announces that, further to the announcement of 3 August 2018, the LPA Employee Benefit Trust (the "EBT") successfully completed its purchase of 150,000 shares representing approximately 1.21% of the Group's issued share capital. 
The EBT is now seeking to purchase up to a further 150,000 shares in the market with a view to satisfying future option awards, if agreed and when exercised.  The EBT has commenced this process, and LPA has agreed a loan to the EBT to facilitate the share purchases to agreed limits.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.



 
Enquiries
 
LPA Group plc








Peter Pollock, Chief Executive


 01799 512844




Chris Buckenham, Chief Financial Officer


 01799 512859














Cairn Financial Advisers (Nominated Adviser)


 020 7213 0880




James Caithie /Tony Rawlinson/ Richard Nash


















WH Ireland (Broker)


 0113 394 6600




Tim Feather / James Sinclair-Ford


















Instinctif Partners (PR Advisors)


020 7457 2020




Mark Garraway / Helen Tarbet







 




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