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31 Oct 2013 16:25
KCOM GROUP PLC
EMPLOYEE BENEFIT TRUST DEALING
31.10.2013
KCOM Group PLC (the "Company") has been notified that Praxis Trustees Limited, as a trustee of the Kingston Communications 2000 Employee Shares Trust (the "Trust"), purchased 950,000 ordinary shares of 10 pence each of the Company on 29 October 2013 at a price of 100.00 pence per share.
The purchases were made in order to cover obligations of the Trust under the Company's Executive Incentive Plan and have been funded by the Company. The Trust does not anticipate making any further purchases ahead of the November 2013 vesting date.
Following these transactions the Trust now holds 1,068,834 shares, representing 0.207% of the Company's issued share capital and voting rights.
In the event of any queries, please contact Kathy Smith, Company Secretary on 01924 882501.
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