Eckoh PLC Purchase of Ordinary Shares by Eckoh EBT (1295T)
03 January 2017 - 6:00PM
UK Regulatory
TIDMECK
RNS Number : 1295T
Eckoh PLC
03 January 2017
Eckoh plc
("Eckoh" or the "Company")
Purchase of Ordinary Shares by Eckoh EBT
The Company announces that on 30 December 2016 Eckoh's employee
benefit trust ("EBT"), purchased 318,115 ordinary shares in the
capital of the Company (the "Shares") at a price of 39p per Share,
to be held on trust for the purpose of satisfying future awards to
beneficiaries of the Company's share incentive plan ("SIP"). As Nik
Philpot (CEO) and Adam Moloney (Finance Director) are trustees and
administrators of the EBT, they are therefore treated as having an
interest in the Shares. In addition, certain PDMRs of the Company,
being David Holliday (IT Director) and Cameron Ross (Director of
Payments Strategy), are potential beneficiaries of the SIP and
therefore also treated as having an interest in the Shares.
Following settlement of the above purchase of Shares, the EBT
will hold a total of 327,271 ordinary shares, equivalent to 0.14
per cent. of the ordinary share capital of Eckoh.
For further enquiries, please contact:
Eckoh plc Tel: 01442 458 300
Nik Philpot, Chief Executive Officer
Adam Moloney, Group Finance Director
www.eckoh.com
Buchanan Tel: 020 7466 5000
Sophie McNulty, Steph Watson
www.buchanan.uk.com
N+1 Singer Tel: 020 7496 3000
Shaun Dobson, Lauren Kettle
www.n1singer.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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