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Transaction in Own Shares

13 Dec 2017 17:31

RNS Number : 2900Z
Empresaria Group PLC
13 December 2017
 

13 December 2017

 

Empresaria Group plc ("Empresaria" or the "Group")

Transaction in Own Shares & Total Voting Rights

Empresaria (AIM: EMR), the international specialist staffing group, announces that today, 13 December 2017, it purchased 20,000 of its ordinary shares of 5 pence each ("Ordinary Shares") at a price of 95 pence per Ordinary Share.

 

Subject to price and availability, the Group intends to purchase additional Ordinary Shares in the market and further announcements will be made in due course.

 

All of the Ordinary Shares purchased will be transferred to the Empresaria Employee Benefit Trust. The Company intends that Ordinary Shares transferred to the Empresaria Employee Benefit Trust will be used to satisfy the exercise of options vested under the Company's Long Term Incentive Plan.

Following the above transactions, the Company has 49,019,132 Ordinary Shares in issue, of which 20,000 are held by the Company as treasury shares until they are transferred to the Empresaria Employee Benefit Trust, which is expected to take place by the middle of January 2018. Therefore, the total number of voting rights in the Company is 48,999,132.

 

Enquiries:

Empresaria Group plcJoost Kreulen, Chief Executive OfficerSpencer Wreford, Group Finance Director & Chief Operating Officer

via Redleaf

Arden Partners (Nominated Adviser and Broker)John Llewellyn-Lloyd / Steve Douglas / Ciaran Walsh

020 7614 5900

Redleaf Communications (Financial PR)Elisabeth Cowell

020 7382 4730empresaria@redleafpr.com

 

Notes for editors:

 

§ Empresaria Group plc is an international specialist staffing group with 18 brands operating in 20 countries across the globe including UK, Germany, Japan, India, UAE, Indonesia, Chile, Australia, Thailand, Singapore, Finland, USA, New Zealand, China, Malaysia, Vietnam and the Philippines.

 

§ Empresaria offers temporary/contract and permanent staffing solutions as well as Offshore Recruitment Services in seven key sectors, being Technical & Industrial, Aviation services, IT & Design, Professional services, Healthcare, Executive search and Retail.

 

§ Empresaria applies a multi brand, management equity philosophy and business model, with group company management teams holding significant equity in their own business.

 

§ Empresaria is listed on AIM under ticker EMR. For more information: empresaria.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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