Cenkos Securities PLC EBT Share Purchase (4974I)

TIDMCNKS

RNS Number : 4974I

Cenkos Securities PLC

21 March 2018

21 March 2018

Cenkos Securities plc

("Cenkos" or the "Company")

EBT Share Purchase

The Company was notified on 20 February 2018 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 42,000 ordinary shares in the Company at a price of GBP1.18 per ordinary share on 20 March 2018. 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 1,587,696 ordinary shares, representing 2.87% 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 3,870,600 ordinary shares, representing 7.00 % of the Company's issued ordinary share capital, are held by the Company's employee benefit trusts.

Enquiries:

 
 Cenkos Securities plc 
  Anthony Hotson, Chief Executive 
  Officer                            [phone] 
 Smith & Williamson Corporate 
  Finance Limited 
  Nominated Adviser and Joint 
  Broker 
  Dr Azhic Basirov / David 
  Jones / Ben Jeynes                 [phone] 
 Whitman Howard Limited 
  Joint Broker 
  Nick Lovering                      [phone] 
 Buchanan Communications 
  David Rydell                       [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 21, 2018 12:02 ET (16:02 GMT)