Business
Purchase of Shares by Employee Benefit Trust
Purchase of Shares by Employee Benefit Trust.
About this update from Cvs Group Plc
[{"type":"text","content":"\n \nRNS Number : 0584Y CVS Group plc 28 February 2017 \n\n28 February 2017\n \nCVS Group plc\n(\"CVS\" or the \"Company\")\n \nPurchase of Shares by Employee Benefit Trust\n \nCVS, one of the UK's leading providers of integrated veterinary services for small and large animals, announces that the Company's Employee Benefit Trust (\"EBT\") has purchased a total of 195,000 ordinary shares of 0.2p each in the Company (\"Ordinary Shares\") (the \"Purchase\").\n \nThe EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries. The Purchase by the EBT, which was funded by a loan from the Company, has reduced the potential requirement for the Company to issue new Ordinary Shares to satisfy shares due to employees under the Company's annual SAYE schemes. The EBT now holds 195,000 Ordinary Shares representing 0.31% of the issued ordinary share capital of the Company.\n \n \nContacts:\n \n\n\n\n\nCVS Group plc \nSimon Innes, Chief Executive \nNick Perrin, Finance Director \n \n\n\nTel: 01379 644 288\n \n\n\n\n\nN+1 Singer (Nominated Adviser & Broker)\nAubrey Powell\nLiz Yong\nJames Hopton\n\n\nTel: 020 7496 3000\n \n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCZMGZZGRMGNZM\n ","length":2936,"tagName":"div"}]