Brown (N.) Group PLC Purchase of shares by EBT (5205U)
02 August 2022 - 4:00PM
UK Regulatory
TIDMBWNG
RNS Number : 5205U
Brown (N.) Group PLC
02 August 2022
N Brown Group plc
(the "Company")
Purchase of shares by Employee Benefit Trust
Further to the announcement made on 25 July 2022, N Brown Group
plc has been notified by Sanne Fiduciary Services Limited the
Trustee of the Company's Employee Benefit Trust ('EBT') that the
EBT has purchased a total of 598,032 Ordinary Shares ('Shares') in
the Company.
The Shares will be held in the EBT, which is a discretionary
trust for the benefit of the Group's employees. The Shares will be
used to meet future obligations arising under the Company's various
share schemes and share plans, including share awards made to PDMRs
of the Company.
The purchases were as follows:
DATE SOURCE NUMBER OF SHARES PURCHASE PRICE
22/07/2022 AIMX 40,074 GBP10,018.50
------- ----------------- ---------------
25/07/2022 AIMX 268,075 GBP68,627.20
------- ----------------- ---------------
26/07/2022 AIMX 189,653 GBP48,551.17
------- ----------------- ---------------
27/07/2022 AIMX 13,048 GBP3,353.34
------- ----------------- ---------------
28/07/2022 AIMX 23,383 GBP6,004.75
------- ----------------- ---------------
29/07/2022 AIMX 63,799 GBP16,396.34
------- ----------------- ---------------
TOTAL: GBP152,951.30
------- ----------------- ---------------
The average price of the purchases was 25.5757 pence per
share.
Following this purchase of Shares by the EBT, a total of
2,866,253 Shares, representing approximately 0.62% of the Company's
total voting rights, are held by the EBT. 1,373,128 of the Shares
held by the EBT are currently unallocated to employees and PDMRs.
The issued share capital in the Company remains unchanged at
460,483,231 Shares.
These Shares were acquired by the EBT as part of its intended
market purchases (the "Market Purchases") as announced on 25 July
2022. Further updates in respect of the Market Purchases will be
made as required.
For enquiries, please contact:
Michael Mustard
Company Secretary and General Counsel, N Brown Group Plc
Tel: +44 (0)161 238 2298
Registered office:
Griffin House
40 Lever Street
Manchester
M60 6ES
Shore Capital - Nominated Adviser and Broker
Stephane Auton / Daniel Bush / John More
+44 (0) 20 7408 4090
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
POSQFLFBLVLXBBE
(END) Dow Jones Newswires
August 02, 2022 02:00 ET (06:00 GMT)
Brown (n) (LSE:BWNG)
Historical Stock Chart
From Apr 2024 to May 2024
Brown (n) (LSE:BWNG)
Historical Stock Chart
From May 2023 to May 2024