Wincanton PLC Transaction in own shares (9382S)
15 Marzo 2019 - 01:00AM
UK Regulatory
TIDMWIN
RNS Number : 9382S
Wincanton PLC
15 March 2019
15 March 2019
WINCANTON PLC ("Wincanton" or the "Group")
Transaction in own shares
Wincanton, the largest British third party logistics company,
announces that it has purchased 600,000 shares of 10 pence each at
a price of GBP2.46 in the Group on 13 March 2019.
All of these shares have been gifted to the Wincanton plc
Employee Benefit Trust ("EBT") for the purpose of satisfying future
exercises of share option awards under the Group's employee share
incentive schemes, pursuant to the authorisation granted to the
Group by shareholders at the Annual General Meeting (AGM) held on
28 June 2018.
Following this transaction, the EBT will hold 896,024 ordinary
shares of 10 pence in the Group.
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
-Ends-
For further information please contact:
Wincanton Plc Tel: 01249 710 000
Adrian Colman, Chief Executive Officer
Tim Lawlor, Chief Financial Officer
Buchanan Tel: 020 7466 5000
Richard Oldworth / Vicky Hayns / Maddie Seacombe / Tilly
Abraham
Notes to Editors
Wincanton plc
Wincanton is the largest British third party logistics company
(3PL), providing supply chain solutions to some of the world's most
admired brands across a wide range of industries including retail,
construction, defence and energy.
As a trusted and respected business partner, we design and
implement services and solutions that range from setting up and
operating distribution networks through to bonded warehouses,
technology hosting, container transport and storage. We strive for
operational excellence in everything we do.
We work hard to understand and respond to our customers' needs,
build long term relationships and use our skills and expertise to
deliver a smarter, added value service, every day. Our customers
rely on us to make their businesses operate more efficiently and to
gain a competitive advantage in their sector.
Improved stock visibility and availability, reduction of lead
times, collaborative warehousing and transport models, and an
absolute commitment to continuous improvement, are just some of the
reasons why many of our customer relationships extend to more than
20 years.
Key facts:
-- Annual revenue in the UK & Ireland exceeds GBP1.1 billion
-- Over 18,000 colleagues including 4,000+ drivers
-- Operates from 200+ locations with 6.6 million square feet of
warehousing across the UK and Ireland
-- Operating responsibility for around 3,400 vehicles
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
POSJIMFTMBTBBPL
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March 15, 2019 03:00 ET (07:00 GMT)
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