Employee Benefit Trust Dealings

RNS Number : 7390S

MJ Hudson Group PLC

13 July 2020

 

MJ Hudson Group plc

(the "Company" or "MJ Hudson")

Employee Benefit Trust

MJ Hudson announces that it has established the MJ Hudson Group plc Employee Benefit Trust (the ''EBT''). It is intended that the EBT will purchase existing ordinary shares in the Company in order to satisfy obligations arising from the MJ Hudson staff incentive plans, as set out in the Company's AIM admission document in December of last year, as well as other share and options awards granted to employees over time. The trustees of the EBT are Apex Financial Services (Trust Company) Limited.

On the 9^th and 10^th July 2020 the EBT acquired, in aggregate, 50,000 ordinary shares at an average price of 43p per share through Cenkos Securities plc.  The EBT now holds 50,000 ordinary shares in the Company, representing approximately 0.03 per cent of the Company's issued share capital.

Further announcements will be made in due course in relation to dealings by the EBT.

For further information contact:

MJ Hudson Group plc Matthew Hudson, CEO Andrew Walsh, IRO Katherine Hazelden, PR Director	[phone]
Cenkos Securities (Nomad and Broker) Giles Balleny Stephen Keys Callum Davidson Harry Hargreaves	[phone]

About MJ Hudson

MJ Hudson, the asset management consultancy, provides expertise and infrastructure support to fund managers, investors and other specialists in the asset management industries. The firm's services include law, fund management solutions, international administration, investment advisory, data & analytics and IR & Marketing.

This comprehensive range of capabilities, coupled with MJ Hudson's ability to draw on many industry perspectives, allows the firm to build project teams that are extremely effective at helping clients achieve multiple goals. From its offices across the major asset management centres, MJ Hudson's team of more than 182 professionals work for clients managing and advising more than $1trn of assets. The firm has expertise in all traditional and alternative asset classes, including equities and bonds, private equity, venture capital, hedge funds, real estate, infrastructure, energy, and credit.

 

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