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CTO Tclarke Plc

162.50
0.50 (0.31%)
Last Updated: 09:52:19
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tclarke Plc LSE:CTO London Ordinary Share GB0002015021 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.31% 162.50 162.00 162.50 162.50 162.00 162.00 58,300 09:52:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Special Trade Contractor,nec 491M 6.5M 0.1230 13.21 85.88M

Clarke(T.) PLC ESOT Share Purchase (8345W)

23/04/2019 2:33pm

UK Regulatory


Tclarke (LSE:CTO)
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TIDMCTO

RNS Number : 8345W

Clarke(T.) PLC

23 April 2019

TClarke plc

("the Company")

Market purchase of Company shares by the Company's Employee Share Ownership Trust

Further to the three Director/PDMR shareholding announcements made earlier today, the Company announces that Link Trustees (Jersey) Limited, acting as Trustee of the TClarke Employee Share Ownership Trust ("the ESOT") has today purchased 177,094 Ordinary shares of 10p each in the Company ("shares") at 130p per share. This follows the sale by the ESOT of a total of 177,094 shares at 130p per share on behalf of Executive Directors and PDMR's of the Company and other employees to cover their tax and NI liabilities and dealing costs after they received shares pursuant to the vesting of awards granted under the TClarke plc Equity Incentive Plan. A further 441,506 shares were transferred by the ESOT to Executive Directors and PDMR's of the Company and other employees as the balance of their award following the aforementioned sale.

Immediately following the above transactions, the ESOT held 591,608 Ordinary shares of 10p each, representing 1.37% of the Company's issued share capital with voting rights. All shares held by the ESOT will ultimately be used to satisfy share awards and options granted under the Company's various share incentive schemes. The Executive Directors and PDMR's of the Company, together with other employees, are included in the potential beneficiaries of the ESOT and are therefore treated as having an interest in some of these shares and the dealings thereof.

 
 
  For further information contact: 
  TClarke plc 
  Mark Lawrence - Group Chief Executive 
  Trevor Mitchell - Finance Director 
  David Lanchester - Company Secretary 
  Tel: 020 7997 7400 
  www.tclarke.co.uk 
 
  N+1 Singer (Financial Adviser and Broker) 
  Sandy Fraser 
  Rachel Hayes 
  Tel: 020 7496 3000 
  www.nplus1singer.com 
 
  RMS Partners 
  Simon Courtenay 
  Tel: 020 3735 6551 
 

23(rd) April 2019

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

FURLLFFVSAIVFIA

(END) Dow Jones Newswires

April 23, 2019 09:33 ET (13:33 GMT)

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