Cenkos Securities PLC EBT Share Purchase (6188G)
May 30 2017 - 12:48PM
UK Regulatory
TIDMCNKS
RNS Number : 6188G
Cenkos Securities PLC
30 May 2017
30 May 2017
Cenkos Securities plc
("Cenkos" or the "Company")
EBT Share Purchase
The Company was notified on 30 May 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
49,500 ordinary shares in the Company at a price of GBP1.01 per
ordinary share on 26 May 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 1,903,044 ordinary shares,
representing 3.35% 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 3,556,816 ordinary shares,
representing 6.29% of the Company's issued ordinary share capital,
are held by the Company's employee benefit trusts.
Enquiries:
Jim Durkin +44 20 7397 8900
Chief Executive Officer
Cenkos Securities plc
Dr Azhic Basirov / David Jones / Ben Jeynes +44 20 7131 4000
Nominated Adviser
Smith & Williamson Corporate Finance Limited
David Rydell / Duncan Mayall +44 20 3772 2496
Bell Pottinger
This information is provided by RNS
The company news service from the London Stock Exchange
END
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