Purchase of Ordinary Shares by Eckoh EBT

RNS Number : 1295T

Eckoh PLC

03 January 2017

 

Eckoh plc

("Eckoh" or the "Company")

Purchase of Ordinary Shares by Eckoh EBT

The Company announces that on 30 December 2016 Eckoh's employee benefit trust ("EBT"), purchased 318,115 ordinary shares in the capital of the Company (the "Shares") at a price of 39p per Share, to be held on trust for the purpose of satisfying future awards to beneficiaries of the Company's share incentive plan ("SIP"). As Nik Philpot (CEO) and Adam Moloney (Finance Director) are trustees and administrators of the EBT, they are therefore treated as having an interest in the Shares. In addition, certain PDMRs of the Company, being David Holliday (IT Director) and Cameron Ross (Director of Payments Strategy), are potential beneficiaries of the SIP and therefore also treated as having an interest in the Shares.

Following settlement of the above purchase of Shares, the EBT will hold a total of 327,271 ordinary shares, equivalent to 0.14 per cent. of the ordinary share capital of Eckoh.

For further enquiries, please contact:

Eckoh plc                                                         Tel: [phone]

Nik Philpot, Chief Executive Officer

Adam Moloney, Group Finance Director

www.eckoh.com                                               

Buchanan                                                        Tel: [phone]

Sophie McNulty, Steph Watson

www.buchanan.uk.com              

N+1 Singer                                                       Tel: [phone]

Shaun Dobson, Lauren Kettle www.n1singer.com

 

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