Galliford Try Holdings PLC Employee Share Trust Trading Plan (5265O)
03 Octobre 2023 - 11:15AM
UK Regulatory
TIDMGFRD
RNS Number : 5265O
Galliford Try Holdings PLC
03 October 2023
GALLIFORD TRY HOLDINGS PLC
EMPLOYEE SHARE TRUST TRADING PLAN
Galliford Try Holdings plc (the "Company") announces that BWCI
Group Limited, the trustees of the Galliford Try Employee Share
Trust (the "Trust"), have entered into a trading plan ("Plan") with
the Company.
The Plan will run from 29 September 2023 to 29 March 2024. The
trustees have instructed Peel Hunt LLP to acquire ordinary shares
of 50 pence each in the Company for the Trust. Purchases will be
made at the best price and limited to 200,000 in any single
calendar month, to a maximum of 1.2m shares in total across the
period. While the Company is within a closed period, neither the
Company nor the trustees will attempt to terminate the trading plan
which has been entered into.
The shares are intended to be used to satisfy potential future
vesting(s) to be made to employees under the various executive
share incentive schemes. The Executive directors and persons
discharging managerial responsibility of the Company, together with
other employees, are potential beneficiaries under the Trust and
are therefore treated as having an interest in such shares.
The trustees have absolute discretion and independence in
respect of any trading decisions it may make in respect of the
purchase of the ordinary shares pursuant to the Plan.
The Company's issued ordinary share capital, subject to
settlement, is 103,070,646 ordinary shares of 50 pence each.
For further enquiries please contact:
Galliford Try Holdings Kevin Corbett, General Counsel
plc & Company Secretary 01895 855001
Note to Editors
Galliford Try Holdings plc is a leading UK construction group
listed on the London Stock Exchange. Operating as Galliford Try and
Morrison Construction, the group carries out building and
infrastructure projects with clients in the public, private and
regulated sectors across the UK.
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END
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