Purchase of shares by subsidiary undertaking

RNS Number : 4963S

Law Debenture Corp PLC

09 March 2023

 

The Law Debenture Corporation p.l.c.

8^th Floor

100 Bishopsgate

London

EC2N 4AG  

9 March 2023

Purchase of shares by subsidiary undertaking

The Law Debenture Corporation p.l.c. (the "Corporation") has been advised that on 9 March 2023, The Law Debenture Trust Corporation (Channel Islands) Limited, a wholly owned subsidiary of the Corporation (the "Trustee"), purchased a total of 125,000 ordinary shares of 5 pence each in the Corporation (the "Shares").  The Shares were purchased at a price of £8.397728 per share.

Under the terms of a Trust Deed dated 23 April 2002, the Trustee was appointed trustee of the Corporation's Employee Share Ownership Trust (the "Trust"). 

The Shares were purchased as a reinvestment of dividends received from shares held in the Trust, the latter of which were granted to senior staff under employee share schemes previously approved by the Corporation's shareholders.

Law Debenture Corporate Services Limited

Company Secretary

The Law Debenture Corporation p.l.c. is registered in England at the above address, company registration number 30397. LEI number - 2138006E39QX7XV6PP21

 

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