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Galliford Try Hldgs - Galliford Try Employee Share Trust Trading Plan

RNS Number : 4829Z
Galliford Try Holdings PLC
18 September 2020
 

Galliford Try Holdings plc

(the "Company")

 

EMPLOYEE SHARE TRUST TRADING PLAN

 

 

Galliford Try Holdings plc (the "Company") announces that BWCI Group Limited, the trustees of the Galliford Try Employee Share Trust (the "Trust"), have entered into a trading plan with the Company.

 

Under the trading plan, in the period running from 18 September 2020 to 18 March 2021, the trustees have instructed Peel Hunt LLP to acquire ordinary shares of 50 pence each in the Company for the Trust.  Purchases will be made at the best price and limited to 250,000 in any single calendar month.  While the Company is within a closed period, neither the Company nor the trustees will attempt to terminate the trading plan which has been entered into.

 

Any purchases made by the trustees will be announced to the market at the appropriate time. The Shares are intended to be used to satisfy potential future vesting(s) to be made to employees under the various executive share incentive schemes. 

 

The Executive directors and persons discharging managerial responsibility of the Company, together with other employees, are potential beneficiaries under the Trust and are therefore treated as having an interest in such shares.

 

The Company's issued ordinary share capital consists of 111,053,489 ordinary shares of 50 pence each.

 

For further enquiries please contact:

 

Galliford Try Holdings plc

Kevin Corbett, General Counsel & Company Secretary

01895 855001


 


 


 


 


 


 

Tulchan Communications

James Macey White

Giles Kernick

Amber Ahluwalia

020 7353 4200

 

 

Note to Editors

Galliford Try Holdings plc is a leading UK construction group listed on the London Stock Exchange. Operating as Galliford Try and Morrison Construction, the group carries out building and infrastructure projects with clients in the public, private and regulated sectors across the UK.

 

 

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Quick facts: Galliford Try Holdings Plc

Price: -

Market: AIM
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