Employee Benefit Trust Share Purchase
Summary by AI BETAClose X
23 October 2026
Genuit Group plc
Employee Benefit Trust ("EBT") Share Purchase
Genuit Group plc ("Genuit" or the "Company") announces that Apex Financial Services (Jersey) Limited, as Trustee of the Genuit Employee Benefit Trust (the "Trust"), purchased 1,500,000 ordinary shares of 0.001p each in the Company ("Ordinary Shares") at an average price of £2.607983, amounting to an aggregate consideration of £3,939,359.82 (inclusive of brokerage and dealing charges). The Trustee of the EBT has purchased Ordinary Shares in accordance with the Company's EBT strategy, which seeks to mitigate the dilutive impact of share option awards and to improve overall shareholder return.
These shares will be used by the Trust for the settlement of awards granted under the Company's employee share schemes or as otherwise permissible within the terms of the EBT trust deed. At the date of this announcement the Trust holds 1,642,287 ordinary shares in the Company, representing 0.65% of the Company's current voting rights.
For enquiries:
Emma Versluys
Group General Counsel and Company Secretary
+44 (0) 1138 315315
About Genuit Group plc
Genuit Group plc is the UK's largest provider of sustainable water and climate management products for the built environment. Genuit's solutions allow customers to mitigate and adapt to the effects of climate change, while meeting evolving sustainability regulations and standards.
The Group delivers its Sustainable Solutions for Growth strategy via two Divisions:
Climate - low carbon heating and cooling systems, and clean and healthy air ventilation.
Water - products and solutions for water distribution, conservation, storage and attenuation.
Genuit's portfolio includes some of the industry's most established and innovative brands, including Polypipe, Nuaire and Adey.
The Group serves built environment markets with strong climate-related growth drivers, primarily in the UK and with an increasing focus on international diversification.
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