Purchase of Shares for the Employee Benefit Trust
Employee Benefit Trust purchased 414,174 shares at average price of 71.80 pence per share.
- Shares purchased 414,174
- Average purchase price 71.80p per share
- EBT shareholding 2,743,291 shares (0.86% of issued capital)
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The Company has been notified by the Trustee of the Reach Employee Benefit Trust (EBT) that the EBT has purchased a total of 414,174 Ordinary Shares of 10p each in the Company. Further detail is set out below.
This purchase is in line with the position confirmed to shareholders at the 2024 AGM that the Company intends to buy shares into the EBT when it is appropriate to do so to aid the management of overall dilution from share plans.
| Date | Exchange | Number of shares | Price per share (pence) |
|---|---|---|---|
| 2 April 2025 | XLON | 275,000 | 72.2 |
| 3 April 2025 | XLON | 139,174 | 71.3947 |
The average price of the above purchases was 71.79735 pence per share.
Further to this purchase, the EBT holds a total of 2,743,291 Ordinary Shares which represents 0.86% of the Company's issued share capital. The total number of Ordinary Shares of 10p each in issue (excluding treasury shares) is 318,157,956.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.