Wincanton Plc Transaction in Own Shares
March 29 2018 - 6:02AM
UK Regulatory
TIDMWIN
29 March 2018
Wincanton PLC
('Wincanton' or the 'Company')
Transaction in own shares
Wincanton plc, a leading provider of supply chain solutions in the UK and
Ireland, announces that it has purchased 150,000 shares of 10 pence each at a
price of GBP2.22371 on 28 March 2018.
All of these shares have been gifted to the Wincanton plc Employee Benefit
Trust ("EBT") for the purpose of satisfying future exercises of share option
awards under the Company's employee share incentive schemes, pursuant to the
authorisation granted to the Company by shareholders at the Annual General
Meeting (AGM) held on 29 June 2017.
Following this transaction, the EBT will hold 804,950 ordinary shares of 10
pence in the Company.
The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulation (EU) No. 596
/2014. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.
-Ends-
For further information please contact:
Wincanton plc
Adrian Colman, Chief Executive Officer
Tim Lawlor, Chief Financial Officer
Tel: 01249 710 000
Buchanan
Richard Oldworth / Victoria Hayns / Maddie Seacombe
Tel: 020 7466 5000
Notes to Editors
Wincanton plc
Wincanton is the largest British logistics firm, providing supply chain
consultancy and solutions to some of the world's most admired brands across a
wide range of industries including retail, construction, defence and energy.
As a trusted and respected business partner, we design and implement services
that range from setting up and operating distribution networks through to
bonded warehouses, technology hosting, container transport and storage. We
strive for operational excellence in everything we do.
We work hard to understand and respond to our customers' needs, build long term
relationships and use our skills and expertise to deliver a smarter, added
value service, every day. Our customers rely on us to make their businesses
operate more efficiently and to gain a competitive advantage in their sector.
Improved stock visibility and availability, reduction of lead times,
collaborative warehousing and transport models, and an absolute commitment to
continuous improvement, are just some of the reasons why many of our customer
relationships extend to more than 20 years.
Key facts:
* Annual revenue in the UK & Ireland exceeds GBP1.1 billion
* Circa 18,000 colleagues including 4,000+ drivers
* Operates from 200+ locations with 6.6 million square feet of warehousing
across the UK and Ireland
* Operating responsibility for around 3,400 vehicles
END
(END) Dow Jones Newswires
March 29, 2018 06:02 ET (10:02 GMT)
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