CVS Group plc Purchase of Shares by Employee Benefit Trust (0584Y)
28 February 2017 - 9:30PM
UK Regulatory
TIDMCVSG
RNS Number : 0584Y
CVS Group plc
28 February 2017
28 February 2017
CVS Group plc
("CVS" or the "Company")
Purchase of Shares by Employee Benefit Trust
CVS, one of the UK's leading providers of integrated veterinary
services for small and large animals, announces that the Company's
Employee Benefit Trust ("EBT") has purchased a total of 195,000
ordinary shares of 0.2p each in the Company ("Ordinary Shares")
(the "Purchase").
The EBT is a discretionary trust for the benefit of employees of
the Company and its subsidiaries. The Purchase by the EBT, which
was funded by a loan from the Company, has reduced the potential
requirement for the Company to issue new Ordinary Shares to satisfy
shares due to employees under the Company's annual SAYE schemes.
The EBT now holds 195,000 Ordinary Shares representing 0.31% of the
issued ordinary share capital of the Company.
Contacts:
CVS Group plc Tel: 01379 644
Simon Innes, Chief Executive 288
Nick Perrin, Finance Director
N+1 Singer (Nominated Adviser Tel: 020 7496
& Broker) 3000
Aubrey Powell
Liz Yong
James Hopton
This information is provided by RNS
The company news service from the London Stock Exchange
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