ESOT Purchases – WH Ireland Financial Services Company, Wealth Management & Corporate Broking | WHIreland

ESOT Purchases

RNS Number : 2513Q
W.H. Ireland Group PLC
26 October 2021
 

26 October 2021

 

WH Ireland Group Plc

 

(“WH Ireland” or the “Company”)

 

ESOT Purchases

The Directors have received notice that on 2 September 2021 the Company’s Employee Share Option Trust (“ESOT“), the trustee for which is Sanne Fiduciary Services Limited (“Sanne“), acquired 50,000 Ordinary Shares in the Company (the “ESOT Purchase Shares“) at a price of 54.86p per share. Sanne can acquire up to 50,000 Ordinary Shares each month pursuant to the terms of the ESOT Purchase Plan, the details of which are set out in the announcement of 18 May 2021. A monthly share purchase plan is currently in place.

The total number of shares now held by Sanne, as trustee of the ESOT, is 2,379,500 Ordinary Shares representing 3.83% of the total issued share capital of the Company (“ESOT Shares“). 

It is the intention that the ESOT Shares will be used to satisfy the awards of share options granted to employees of the Company (or for such other purposes as may be required of the Trust from time to time).

The notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation.

1

Details of the PCA

a)

Name

Sanne Fiduciary Services Limited, as trustee for the WH Ireland Employee Share Option Trust

2

Reason for the notification

a)

Position/status

PCA of the Directors (as a connected trust)

b)

Initial notification/amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

WH Ireland Group plc

b)

LEI

213800HB9TO5O4WD6S66

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 0.5 pence each

 

GB0009241885

b)

Nature of the transaction

Acquisition of existing shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

54.86p

50,000



d)

Aggregated information

–   Aggregated volume

 –   Price

 

50,000

54.86p

e)

Date of the transaction

25 October 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

For further information please contact:

WH Ireland Group plc        

www.whirelandplc.com

Phillip Wale, Chief Executive Officer

+44(0) 20 7220 1666



Canaccord Genuity Limited

www.canaccordgenuity.com

Andrew Potts / Tom Diehl 

+44(0) 20 7523 8000



MHP Communications

whireland@mhpc.com

Reg Hoare / James Bavister               

+44 (0) 20 3128 8793

 

 

 

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