EBT Share Purchase

RNS Number : 7072Z

LPA Group PLC

04 September 2018

 

LPA GROUP PLC

EBT Share Purchase

LPA Group PLC ("LPA" or the "Group"), the high reliability LED lighting and electro-mechanical system manufacturer and distributor, announces that, further to the announcement of 3 August 2018, the LPA Employee Benefit Trust (the "EBT") successfully completed its purchase of 150,000 shares representing approximately 1.21% of the Group's issued share capital. 

The EBT is now seeking to purchase up to a further 150,000 shares in the market with a view to satisfying future option awards, if agreed and when exercised.  The EBT has commenced this process, and LPA has agreed a loan to the EBT to facilitate the share purchases to agreed limits.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries LPA Group plc
Peter Pollock, Chief Executive	01799 512844
Chris Buckenham, Chief Financial Officer	01799 512859
Cairn Financial Advisers (Nominated Adviser)	020 7213 0880
James Caithie /Tony Rawlinson/ Richard Nash
WH Ireland (Broker)	0113 394 6600
Tim Feather / James Sinclair-Ford
Instinctif Partners (PR Advisors)	020 7457 2020
Mark Garraway / Helen Tarbet

 

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