Intended Purchase of Shares by CEO

Hostmore PLC

05 June 2023

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

Hostmore plc

Intended Purchase of Shares by Chief Executive Officer

5 June 2023

Hostmore plc (the "Company"), announces that Julie McEwan, its Chief Executive Officer, has today issued a letter (the "Irrevocable Instruction Letter") to Numis Securities Limited ("Numis") and the Company pursuant to which, from 5 June 2023 to 31 May 2024 (inclusive), she irrevocably instructs Numis to purchase ordinary shares in the Company on behalf of herself on a monthly basis (the "Share Purchases"). 

The Irrevocable Instruction Letter cannot be varied or terminated (other than as a result of it expiring at the end of its term or Numis terminating it in accordance with its terms): (a) during a closed period (as defined in the Market Abuse Regulation (as applied in the United Kingdom)) of the Company; or (b) when the Company and/or Julie McEwan is in possession of inside information.

A further announcement will be made on completion of the Share Purchases in each month.

ENDS

Enquiries

Hostmore plc

Alan Clark, Chief Financial Officer

Email: [e-mail]

Dentons Global Advisors

Jonathon Brill / James Styles     Tel: [phone]

Email: [e-mail]

 

END