Cenkos Securities PLC EBT Share Transfer (7912K)
April 12 2018 - 12:48PM
UK Regulatory
TIDMCNKS
RNS Number : 7912K
Cenkos Securities PLC
12 April 2018
12 April 2018
Cenkos Securities plc
("Cenkos" or the "Company")
EBT Share Transfer to participants of the 2017 Deferred Bonus
Scheme
Cenkos has a Deferred Bonus Scheme (the "Scheme") whereby
applicable employees, including executive directors of the Company,
may be granted a restricted share award over ordinary shares in the
Company ("Ordinary Shares").
The Company was notified on 11 April 2018 by the Trustee of the
Cenkos Securities plc Employee Benefit Trust (the "EBT") that
following the grant of restricted share awards to applicable
participants 1,576,320 Ordinary Shares, have been allocated to
participants of the Scheme in respect of the year ended 31 December
2017. These Ordinary Shares will continue to be held in a trust as
nominee for the participants. In accordance with the terms and
conditions of the Scheme, awards made will vest in three equal
tranches over a three year period from the date of the award and
have certain restrictions and forfeiture rights attached to
them.
Following this transaction, a total of 11,376 Ordinary Shares
continue to be held, unallocated, by the Company's employee benefit
trusts.
Enquiries:
Anthony Hotson +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
Nick Lovering +44 20 7659 1224
Joint Broker
Whitman Howard Limited
David Rydell +44 20 7466 5066
Buchanan Communications
This information is provided by RNS
The company news service from the London Stock Exchange
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