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EBT Share Purchase

12 Feb 2020 13:33

RNS Number : 7991C
Cenkos Securities PLC
12 February 2020
 

12 February 2020

 

Cenkos Securities plc

("Cenkos" or the "Company")

 

EBT Share Purchase

 

The Company was notified on 12 February 2020 that, in accordance with the trading plan between the Company and Zedra Trust Company (Guernsey) Limited (the "Trustee") announced on 22 January 2020, the Cenkos Securities plc Employee Benefit Trust (the "EBT") purchased 288,568 ordinary shares in the Company at a price of £0.61 per ordinary share on 12 February 2020. 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 schemes. 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 of 3,013,031 Ordinary Shares (representing 5.3% of the Company's issued share capital), are held unallocated, by this EBT.

 

 

 

For further information, please contact: 

 

Cenkos Securities plc

Jim Durkin, Chief Executive Officer

 

Tel: 0207 397 8900

SPARK Advisory Partners Limited

Matt Davis, Nominated Adviser

Tel: 0203 368 3552

Buchanan Communications

David Rydell, PR Adviser

 

Tel: 0207 466 5066

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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