Elektron Technology plc
('Elektron' or the 'Company')
The Company was notified on 6 July 2012 that the Elektron Technology 2012 Employee Benefit Trust ("the EBT") on that day purchased through the market 991,325 shares at a price of 20p. The holding by the EBT is now 13,684,325 ordinary shares in the Company, representing approximately 11.47 per cent. of the Company's total voting rights.
The shares will be held to satisfy future requests to exercise options under the Company's option schemes. In the Company's accounts they will be treated as if they were shares held in treasury i.e. they will be excluded from the number of shares used for calculating earnings per share. However, this transaction does not affect the number of Elektron shares in issue or the total number of voting rights which remains unchanged at 119,296,987. The Company does not hold any ordinary shares in treasury.
For further information:
Elektron Technology www.elektron-technology.com |
+44 (0) 1223 371 000 |
Martin Reeves - Group Company Secretary |
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finnCap |
+44 (0)20 7220 0500 |
Ed Frisby/ Rose Herbert - Corporate Finance |
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Simon Starr/ Victoria Bates - Corporate Broking |
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College Hill |
+44 (0)20 7457 2020 |
Jon Davies/ Adrian Duffield |
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