Wed 3 Dec 2014
The Company has been notified that the Panmure Gordon & Co. plc No. 2 Employee Benefit Trust (“the EBT”) purchased on December 2nd 20,000 ordinary shares at a price of £1.33.
These shares are to be held in the EBT and are intended to be used to satisfy share awards made under the Company’s Performance Share Plan or other future plans. The EBT is a discretionary trust for the benefit of employees including the executive directors of the Company.
Praxis Trustees Limited, as Trustees of the EBT, also holds 1,266,432 ordinary shares in the Company, 297,340 of which are the subject of share options granted to employees under the Company’s 2005 Employee Share Option Plan. The EBT’s total holding is now therefore 1,286,432 ordinary shares, representing 8.275% of the Company’s issued share capital.
Capita Company Secretarial Services Limited 020 7886 2500
Philip Secrett/Jen Clarke/Salman Khawaja
Grant Thornton Corporate Finance (Nominated Adviser) 020 7383 5100