KCOM Group PLC Employee Benefit Trust Dealing (6094I)
March 26 2015 - 11:30AM
UK Regulatory
TIDMKCOM
RNS Number : 6094I
KCOM Group PLC
26 March 2015
KCOM GROUP PLC
EMPLOYEE BENEFIT TRUST DEALING
26.03.2015
KCOM Group PLC (the "Company") was notified yesterday that
Praxis Trustees Limited, as a trustee of the Kingston
Communications 2000 Employee Shares Trust (the "Trust"), has
purchased 870,000 ordinary shares of 10 pence each of the Company
at an average price of 93.4655 pence per share.
The purchases were made in order to cover the share scheme
obligations of the Trust and have been funded by the Company.
The Trust now owns 1,022,392 ordinary shares of 10p each,
representing 0.20% of the Company's issued share capital and voting
rights. These shares will be held in trust until they vest;
therefore the purchase of these shares does not reduce the share
capital in issue.
In the event of any queries, please contact Kathy Smith, Company
Secretary on 01924 882501.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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