Source - RNS
RNS Number : 3635I
Cenkos Securities PLC
16 June 2017
 

16 June 2017

 

Cenkos Securities plc

("Cenkos" or the "Company")

 

EBT Share Purchase

 

The Company was notified on 16 June 2017 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 51,000 ordinary shares in the Company at a price of £0.975 per ordinary share on 16 June 2017. 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 1,918,843 ordinary shares, representing 3.38% 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 3,582,615 ordinary shares, representing 6.32% of the Company's issued ordinary share capital, are held by the Company's employee benefit trusts.

 

Enquiries:

 

Jim Durkin                                                                                +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 / Duncan Mayall                                             +44 20  3772 2496

Bell Pottinger          


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