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Establishment of employee benefit trust

21st Mar 2019 07:00

RNS Number : 4978T
Joules Group plc
21 March 2019
 

 

 

Joules Group Plc

('Joules' or the 'Group')

Establishment of employee benefit trust

Joules, the British premium lifestyle brand, announces that the Board has approved the establishment of an employee benefit trust (the "EBT"). The EBT is expected to conduct future market purchases of the Group's ordinary shares of 1 pence each in order to satisfy future option exercises.

 

Enquiries:

Joules Group plc

Tel: +44 (0) 1858 435 255

Colin Porter, CEO

Marc Dench, CFO

 

Hudson Sandler (Financial PR)

Tel: +44 (0) 20 7796 4133

Alex Brennan

Lucy Wollam

 

Peel Hunt LLP, Nominated Advisor & Broker

Tel: +44 (0) 20 7418 8900

Dan Webster

George Sellar

Guy Pengelley

 

Liberum Capital Limited, Broker

Tel: +44 (0) 20 3100 2000

John Fishley

Edward Thomas

 

 

 

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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