15 Feb 2018 11:26
15 February 2018
Cenkos Securities plc
("Cenkos" or the "Company")
EBT Share Purchase
The Company was notified on 14 February 2018 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 41,600 ordinary shares in the Company at a price of £1.20 per ordinary share on 13 February 2018. 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 1,545,696 ordinary shares, representing 2.80% 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 3,828,600 ordinary shares, representing 6.92% of the Company's issued ordinary share capital, are held 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
David Rydell +44 20 3466 5066
Buchanan Communications