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ESOT Transaction

19 Oct 2018 16:38

RNS Number : 6698E
Clarke(T.) PLC
19 October 2018
 

TClarke plc("the Company")

Market purchase of Company shares by the Company's Employee Share Ownership Trust

The Company announces that Link Trustees (Jersey) Limited, acting as Trustee of the TClarke Employee Share Ownership Trust ("the ESOT") has today purchased 484,820 Ordinary shares of 10p each in the Company at 81.85p per share.

Immediately following the above transaction, the ESOT held 708,009 Ordinary shares of 10p each, representing 1.69% of the Company's issued share capital with voting rights. All shares held by the ESOT will ultimately be used to satisfy share awards and options granted under the Company's various share incentive schemes. The Executive Directors and PDMR's of the Company, together with other employees, are included in the potential beneficiaries of the ESOT and are therefore treated as having an interest in some of these shares and the dealings thereof.

 

For further information contact:

TClarke plc

Mark Lawrence - Group Chief Executive

Trevor Mitchell - Finance Director

David Lanchester - Company Secretary

Tel: 020 7997 7400

www.tclarke.co.uk

 

N+1 Singer (Financial Adviser and Broker)

Sandy Fraser

Rachel Hayes

Tel: 020 7496 3000

www.nplus1singer.com

 

RMS Partners

Simon Courtenay

Tel: 020 3735 6551

 

 

19th October 2018

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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