10 Dec 2015 12:32
Finsbury Food Group Plc ("Finsbury" or the "Company")
Purchase of shares by Employee Benefit Trust
The Company was notified yesterday by the trustee of the Finsbury Food Group Plc Employee Benefit Trust ("EBT") that on 8 December 2015, the EBT purchased 528,000 ordinary shares of 1 pence each ("Shares") in the Company at a price of 115.74 pence per share.
The Shares, which will be held in the EBT, are intended to be used to satisfy awards made under the Finsbury Food Group Plc Long Term Incentive Plans and to satisfy annual bonus payments. The EBT is funded by the Company.
The EBT is a discretionary trust for the benefit of employees of Finsbury and its subsidiaries. The Executive Directors of Finsbury are included in the class of beneficiaries of the EBT and are deemed to be interested in shares held by the EBT.
Following these transactions, a total of 1,275,817 ordinary shares, representing 1.00 per cent of the Company's total voting rights, are held in the EBT.
For further information: | |
Finsbury Food Group plc | www.finsburyfoods.co.uk |
John Duffy (Chief Executive) | 029 20 357 500 |
Stephen Boyd (Finance Director) | |
Cenkos Securities plc | |
Bobbie Hilliam (Corporate Finance) | |
Oliver Baxendale (Sales) | |
Redleaf Communications | finsbury@redleafpr.com |
Rebecca Sanders-Hewett | 020 7382 4730 |
Harriet Lynch |