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Work Group plc (WORK)

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Tuesday 24 December, 2013

Work Group plc

Director Dealings

RNS Number : 3408W
Work Group plc
24 December 2013
 



24 December 2013

 

 

WORK GROUP PLC

(the "Company")

 

Directors' Dealings

 

Work Group plc (LSE - AIM: "WORK") were informed today that Simon Howard, Executive Chairman of the Company, has today purchased 2,470,641 ordinary shares at an average price of 4.08 pence per share. Mr Howard now holds 4,605,841 ordinary shares in the Company, representing 16.09 per cent. of the Company's issued share capital.

 

At the same time the Company was informed that Rose Colledge, Chief Executive of the Company, has today purchased 376,677 ordinary shares at an average price of 4.45 pence per share. Mrs Colledge now holds 876,677 ordinary shares in the Company, representing 3.06 per cent. of the Company's issued share capital.  

 

Transaction in own shares

 

In addition, the Company announces that it has sold 673,335 Ordinary Shares held in treasury to the Louvre Trust (Guernsey) Limited, the trustee of the Company's Employee Benefit Trust (the "EBT") at a price of 5.75 pence per share.

 

Following this purchase, the EBT holds 3,594,808 Ordinary Shares representing 12.6 per cent. of the Company's issued share capital.

 

As a result of the above sale, the total number of Ordinary Shares held in treasury is nil and the number of Ordinary Shares in issue is 28,622,473. Therefore the total number of voting rights in the Company is 28,622,473.

 

The above figure of 28,622,473 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interests in, the Company under the FSA's Disclosure and Transparency Rules.

 

 

Further enquiries:

 

Work Group

Simon Howard, Executive Chairman

Rose Colledge, Chief Executive

Tel: +44 (0)20 7492 0000

 

 

Sanlam Securities UK Limited (Nominated Adviser and Broker)

Simon Clements

Catherine Miles

Tel: +44 (0)20 7628 2200

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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