Employee Share Trust Trading Plan

RNS Number : 3506A

Galliford Try Holdings PLC

22 September 2022

 

GALLIFORD TRY HOLDINGS PLC

EMPLOYEE SHARE TRUST TRADING PLAN

Galliford Try Holdings plc (the "Company") announces that BWCI Group Limited, the trustees of the Galliford Try Employee Share Trust (the "Trust"), have entered into a trading plan ("Plan") with the Company.

The Plan will run from 22 September 2022 to 22 March 2023. The trustees have instructed Peel Hunt LLP to acquire ordinary shares of 50 pence each in the Company for the Trust.  Purchases will be made at the best price and limited to 200,000 in any single calendar month, to a maximum of 1.2m shares in total across the period.  While the Company is within a closed period, neither the Company nor the trustees will attempt to terminate the trading plan which has been entered into.

The shares are intended to be used to satisfy potential future vesting(s) to be made to employees under the various executive share incentive schemes.  The Executive directors and persons discharging managerial responsibility of the Company, together with other employees, are potential beneficiaries under the Trust and are therefore treated as having an interest in such shares.

The trustees have absolute discretion and independence in respect of any trading decisions it may make in respect of the purchase of the ordinary shares pursuant to the Plan.

The Company's issued ordinary share capital, subject to settlement, is 110,962,109 ordinary shares of 50 pence each.

For further enquiries please contact:

Galliford Try Holdings plc

Kevin Corbett, General Counsel & Company Secretary

01895 855001

Note to Editors

Galliford Try Holdings plc is a leading UK construction group listed on the London Stock Exchange. Operating as Galliford Try and Morrison Construction, the group carries out building and infrastructure projects with clients in the public, private and regulated sectors across the UK.

 

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