EBT Share Purchase

RNS Number : 8638Y

Cenkos Securities PLC

08 December 2017

 

8 December 2017

Cenkos Securities plc

("Cenkos" or the "Company")

EBT Share Purchase

The Company was notified on 8 December 2017 that, in accordance with the trading plan between the Company and Zedra Trust Company (Guernsey) Limited ( the "Trustee") announced on 23 May 2017, the Cenkos Securities plc Employee Benefit Trust (the "EBT") purchased 45,000 ordinary shares in the Company at a price of £1.11 per ordinary share on 7 December 2017. These ordinary shares are to be held in the EBT and are intended to be used to satisfy current and future share awards made under the Company's employee incentive and share option awards. The EBT is a discretionary trust for the benefit of the Company's employees, including the executive directors of the Company.

Following this transaction, a total  2,127,854  ordinary shares, representing 3.75% of the Company's issued ordinary share capital, are held in the EBT and, together with the Company's two further employee benefit trusts, a total of  3,791,356 ordinary shares, representing 6.69% of the Company's issued ordinary share capital, are held by the Company's employee benefit trusts.

Enquiries:

Anthony Hotson                                                                    [phone]

Chief Executive Officer      

Cenkos Securities plc

Dr Azhic Basirov / David Jones / Ben Jeynes                    [phone]

Nominated Adviser

Smith & Williamson Corporate Finance Limited

David Rydell                                                                          [phone]

Buchanan Communications

 

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