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EBT Share Purchase

4th Sep 2018 10:03

RNS Number : 7072Z
LPA Group PLC
04 September 2018
 

LPA GROUP PLC

EBT Share Purchase

LPA Group PLC ("LPA" or the "Group"), the high reliability LED lighting and electro-mechanical system manufacturer and distributor, announces that, further to the announcement of 3 August 2018, the LPA Employee Benefit Trust (the "EBT") successfully completed its purchase of 150,000 shares representing approximately 1.21% of the Group's issued share capital.

The EBT is now seeking to purchase up to a further 150,000 shares in the market with a view to satisfying future option awards, if agreed and when exercised. The EBT has commenced this process, and LPA has agreed a loan to the EBT to facilitate the share purchases to agreed limits.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Enquiries

 

LPA Group plc

Peter Pollock, Chief Executive

 01799 512844

Chris Buckenham, Chief Financial Officer

 01799 512859

Cairn Financial Advisers (Nominated Adviser)

 020 7213 0880

James Caithie /Tony Rawlinson/ Richard Nash

WH Ireland (Broker)

 0113 394 6600

Tim Feather / James Sinclair-Ford

Instinctif Partners (PR Advisors)

020 7457 2020

Mark Garraway / Helen Tarbet

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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