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Employee Benefit Trust purchase of shares

4th Jan 2017 07:15

RNS Number : 2968T
Bloomsbury Publishing PLC
04 January 2017
 

Bloomsbury Publishing Plc

 

Employee Benefit Trust purchase of shares

 

Bloomsbury Publishing Plc (the "Company") received notification on 28 December 2016 from Intertrust Employee Benefit Trustee Limited in their capacity as trustee of the Bloomsbury Employee Benefit Trust (the "Trust") that on 23 December 2016 the Trust acquired 110,000 ordinary shares of 1.25p each in the Company at an average price of 166 pence per share. Following the purchase the Trust holds 511,011 shares ordinary shares representing 0.7% of the Company's issued share capital.

 

The Trust satisfies the exercise of share based awards and options granted under the share incentive schemes and Sharesave scheme of the Company. The potential beneficiaries of the Trust include the Executive Directors.

 

Michael Daykin

Group Company Secretary

Bloomsbury Publishing Plc

 

4 January 2017

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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