Employee Share Ownership Trust Purchase

RNS Number : 2745Y

Wilmington PLC

11 May 2021

 

11 May 2021 

Wilmington plc
Employee Share Ownership Trust Purchase

Wilmington plc (the 'Company') announces that on 4 May 2021, it was agreed that SG Kleinwort Hambros Trust Company (CI) Limited acting as trustees of the Wilmington Group plc Employee Share Ownership Trust (the 'Trust') will re-commence the purchase of ordinary shares of 5p each in the Company as part of a planned programme of share purchases originally announced in December 2019 and suspended in April 2020 due to the uncertainty surrounding Covid-19.  The re-commenced programme is expected to last until April 2022. 

It is expected that up to 200,000 shares will be purchased each month under this programme. These shares will ultimately be used by the Trust for the settlement of awards granted under the Company's employee share schemes. On 7 May 2021 the Trust completed the purchase of 7,327 ordinary shares of 5p each in the Company at a price of £2.00. 

The Trust now holds 207,327 ordinary shares in the Company representing 0.24% of the Company's current voting rights.

For further information, please contact:

Wilmington plc   020 7490 0049 

Guy Millward, Chief Financial Officer and Company Secretary 

Notes to Editors  

Wilmington is the recognised knowledge leader and partner of choice for data, information, education and networking in Risk & Compliance, Professional and Healthcare areas. Wilmington employs close to 1,000 people and has customers in 120 countries. Wilmington plc is a premium listed Company on the main market of the London Stock Exchange.

 

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