Eckoh's employee benefit trust ("EBT"), purchased 127,300 Ordinary Shares in the capital of the Company.
Eckoh plc (AIM:ECK), the global provider of secure payment products and customer contact solutions, today announces that, on 18 June 2020, Eckoh's employee benefit trust ("EBT"), purchased 127,300 Ordinary Shares in the capital of the Company (the "Shares") at a price of approximately 62.83p per Share, to be held on trust for the purpose of satisfying future awards to beneficiaries of the Company's share incentive plan (the “Purchase”).
As Nik Philpot (CEO) and Chrissie Herbert (CFO) are trustees and administrators of the EBT, they are therefore treated as having an interest in the Shares.
Following settlement of the above purchase of Shares, the EBT will hold a total of 1,756,814 ordinary shares, equivalent to 0.69 per cent. of the Ordinary Share capital of Eckoh.
Total Voting Rights
The Company continues to have a total of 255,351,256 Ordinary Shares in issue. Pursuant to the Purchase, the number of Ordinary Shares held in treasury has increased to 1,551,537 and, as a result, the Ordinary Shares in issue carrying voting rights will be 253,799,719. Shareholders may use this figure of 253,799,719 Ordinary Shares as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.