26th Nov 2013 15:41
LONDON (Alliance News) - Essentra PLC Tuesday said its Group Employee Benefit Trust bought 500,000 shares at an average price of 775.20 pence per share.
The plastics manufacturer said the purchases were made in order to cover obligations of the Trust under the company's employee share schemes.
Following these transactions, the Trust now holds 2,384,586 shares, which represents less than a 1% stake in the firm.
The stock was trading unchanged at 793.50 pence Tuesday.
By Anthony Tshibangu; anthonytshibangu @alliancenews.com;
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