Business
EBT Share Purchase
EBT Share Purchase.
About this update from Marshalls Plc
[{"type":"text","content":"\n \n \n 29 March 2023\n \n \n \n \n \n \n Marshalls plc\n \n \n \n \n (the \"Company\" or \"Marshalls\")\n \n \n \n \n \n \n \n \n \n EBT Share Purchase\n \n \n \n \n \n \n The Company has been notified by the Trustee of The Marshalls plc Employee Benefit Trust (the \"EBT\") that, on 27 March 2023, the EBT purchased 75,000 ordinary shares of 25 pence each in the Company (\"Ordinary Shares\") at an average price of 299.39 pence per share (the \"EBT Share Purchase\").\n \n \n \n \n \n The EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries, including the Executive Directors of the Company. Shares held in the EBT are predominantly used to satisfy awards made pursuant to Marshalls' employee share schemes. The EBT Share Purchase has been funded by a loan provided the EBT by the Company from its existing cash resources.\n \n \n \n \n \n Following this transaction, the EBT is interested in a total of 2,292,332 Ordinary Shares, representing approximately 0.90 per cent of the Company's total voting rights.\n \n \n \n \n \n \n \n \n Enquiries:\n \n \n \n \n \n \n \n \n \n Shiv Sibal, Company Secretary\n \n \n \n \n Marshalls plc\n \n \n \n \n +44 (0)1422 314767\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them\n \n \n \n \n \n \n \n \n \n \n \n 1\n \n \n \n \n \n \n \n \n \n Details of the person discharging managerial responsibilities / person closely associated\n \n \n \n \n \n \n \n \n \n \n a)\n \n \n \n \n \n \n \n Name\n \n \n \n \n \n \n \n \n \n \n Marshalls EBT Limited\n \n \n \n \n \n \n \n 2\n \n \n \n \n \n \n \n \n \n Reason for the notification\n \n \n \n \n \n \n \n \n \n \n a)\n \n \n \n \n \n \n \n Position/status\n \n \n \n \n \n \n \n \n \n \n PCA - Executive Officer (Martyn Coffey) in his capacity as a director of Marshalls EBT Limited, which is the Trustee of The Marshalls plc Employee Benefit Trust.\n \n \n \n \n ...