Non-executive Directors' Share Purchase Plan

RNS Number : 7963O
Eurocell plc
03 February 2023
 

3 February 2023

 

EUROCELL PLC

("Eurocell" or the "Group")

 Non-executive Directors' Share Purchase Plan

 

Eurocell, the market leading, vertically integrated UK manufacturer, distributor and recycler of innovative window, door and roofline PVC building products, announces that a number of the Non-executive Directors, including the Chair of the Board, have entered into a share purchase plan ('NED Purchase Plan') which is in place for 12 months from 1 February 2023.

 

In accordance with the NED Purchase Plan, each Director has irrevocably instructed the Company to direct one quarter of their net monthly fees to an appointed broker to automatically make market purchases of ordinary shares in Eurocell for the account of the Director.

 

The appointed broker will purchase ordinary shares from the market on, or around, the fifth trading day of the month following each 3-month period and therefore the first purchase under the NED Purchase Plan is expected to occur on or around 5 May 2023.

 

As a result of entering into the NED Purchase Plan, each Director will be committed to make the purchase of ordinary shares under the NED Purchase Plan in what otherwise may be a closed period. Entering into the NED Purchase Plan will not preclude the Director from buying additional ordinary shares in the Company during open periods.

 

The market will be notified of the share purchases under the NED Purchase Plan in accordance with regulatory requirements.

 

 

Enquiries:

Paul Walker, Group Company Secretary

Tel: 01773 842100

 

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Eurocell (ECEL)
UK 100

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