Galliford Try Employee Share Trust Trading Plan

RNS Number : 4829Z

Galliford Try Holdings PLC

18 September 2020

 

Galliford Try Holdings plc

(the "Company")

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 with the Company.

Under the trading plan, in the period running from 18 September 2020 to 18 March 2021, 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 250,000 in any single calendar month.  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.

Any purchases made by the trustees will be announced to the market at the appropriate time. 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 Company's issued ordinary share capital consists of 111,053,489 ordinary shares of 50 pence each.

For further enquiries please contact:

Galliford Try Holdings plc	Kevin Corbett, General Counsel & Company Secretary	01895 855001
Tulchan Communications	James Macey White Giles Kernick Amber Ahluwalia	020 7353 4200

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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