EBT Share Purchase

RNS Number : 4930K

Cenkos Securities PLC

22 April 2020

 

22 April 2020

Cenkos Securities plc

("Cenkos" or the "Company")

EBT Share Purchase

The Company was notified on 21 April 2020 that, in accordance with the trading plan between the Company and Zedra Trust Company (Guernsey) Limited (the "Trustee") announced on 22 January 2020, the Cenkos Securities plc Employee Benefit Trust (the "EBT") purchased 100,000 ordinary shares in the Company at a price of 0.48 per ordinary share on 21 April 2020. 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 schemes. The EBT is a discretionary trust for the benefit of the Company's employees, including executive directors of the Company.

Following this transaction, a total of 3,470,031 Ordinary Shares (representing 6.1% of the Company's issued share capital), are held unallocated, by this EBT.

For further information, please contact: 

Cenkos Securities plc     Jim Durkin, Chief Executive Officer	Tel: [phone]
SPARK Advisory Partners Limited Matt Davis, Nominated Adviser	Tel: [phone]
Buchanan Communications David Rydell, PR Adviser	Tel: [phone]

 

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