Cenkos Securities PLC EBT Share Transfer (7918V)
10 April 2019 - 9:35PM
UK Regulatory
TIDMCNKS
RNS Number : 7918V
Cenkos Securities PLC
10 April 2019
10 April 2019
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
Cenkos Securities plc
("Cenkos" or the "Company")
EBT Share Transfer to participants of the 2018 Deferred Bonus
Scheme
Cenkos has a Deferred Bonus Scheme (the "Scheme") whereby
applicable employees may be granted a restricted share award over
ordinary shares in the Company. On 8 April 2019, a grant of
restricted share awards to applicable participants was made at a
price of 68.0p per ordinary share in respect of awards for the year
ended 31 December 2018. Following this grant 2,218,118 ordinary
shares have been allocated from the Company's employee benefit
trusts to participants of the Scheme. These ordinary shares will be
held in a trust as nominee for the participants. In accordance with
the terms and conditions of the Scheme, awards made will vest in
three equal tranches over a three-year period from the date of the
award and have certain restrictions and forfeiture rights attached
to them.
Following this transaction, a total of 431,217 ordinary shares
continue to be held, unallocated, by the Company's employee benefit
trusts.
For further information, please contact:
Cenkos Securities plc Tel: 0207 397 8900
Anthony Hotson, Chief Executive
Officer
SPARK Advisory Partners Limited Tel: 0203 368 3552
Matt Davis, Nominated Adviser
Whitman Howard Limited Tel: 0207 659 1224
Nick Lovering, Broker
Buchanan Communications Tel: 0207 466 5066
David Rydell, PR Adviser
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
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