Eckoh announces that on both 12 June 2017 and 22 June 2017 Eckoh’s employee benefit trust (“EBT”), sold 3,028 ordinary shares in the capital of the Company (the “Shares”).
Both transactions, resulting in total sales of 6,056 Shares, were executed at a price of 47p per Share and had previously been held on trust for the purpose of satisfying future awards to beneficiaries of the Company's share incentive plan ('SIP'). As Nik Philpot (CEO) and Adam Winterflood (Commercial Director) are trustees and administrators of the EBT, they are therefore treated as having an interest in the Shares. In addition, a PDMR of the Company, David Holliday (IT Director) is a potential beneficiary of the SIP and therefore also treated as having an interest in the Shares.
Following the above sale of these Shares, the EBT holds a total of 312,059 ordinary shares, equivalent to 0.12 per cent. of the ordinary share capital of Eckoh.
For further enquiries, please contact:
Chrissie Herbert, Chief Financial Officer
Tel: 01442 458 300
29th June 2017