Purchase of shares via EBT
Employee Benefit Trust purchased 1.9m shares at 143.8p to satisfy future share plan vesting.
- Shares purchased 1,901,880
- Average price per share 143.8p
- Total cost £2.7m
- EBT holding after purchase 6,818,819 shares
- EBT shareholding 2.17% of issued share capital
Select text to share a quote on X · sign in to keep highlights & notes in your NCC notes
NCC Group plc (LSE: NCC, "NCC Group" or "the Group"), a people-powered, tech-enabled global cyber security and software escrow business, announces that on 17 December 2024, the Company was notified by the Trustee of the Employee Benefit Trust ("EBT") that between 12 and 17 December 2024, the EBT purchased 1,901,880 ordinary shares of 1p each in the Company ("Shares") at an average price of 143.8p per share.
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 satisfy the future vesting requirements of share plans the Company operates under the Long-Term Incentive Plan and Restricted Share Plan and other discretionary share plans.
Following this purchase, the EBT holds a total of 6,818,819 ordinary shares, equating to 2.17% of the Company's issued share capital.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.