Employee Benefit Trust Shareholding
James Latham plc announced that the Trustees of its Employee Benefits Trust acquired 10,000 ordinary shares at an average price of 1080.5p per share. Following an allocation to the Company's SIPS scheme, the EBT now holds 6,347 ordinary shares, representing 0.03 per cent. of the Company's Total Voting Rights. These shares are held for the benefit of employees and may be allocated to directors in the future, with potential for further market purchases by the independent Trustee to meet future EBT requirements.
Select text to share a quote on X · sign in to keep highlights & notes in your LTHM notes
James Latham announces that the Trustees of the James Latham plc Employee Benefits Trust ("EBT") acquired 10,000 ordinary 25p shares in the Company ("Ordinary Shares") on 19 and 20 February at an average price of 1080.5p per share.
Following an allocation of the acquired shares to the Company's SIPS scheme, the resultant shareholding of the EBT is 6,347 Ordinary Shares representing 0.03 per cent. of the Company's Total Voting Rights. These shares are not allocated to specific employees, although some of the shares may in future be allocated to directors.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.