Eurocell plc Non-executive Directors' Share Purchase Plan (7963O)
February 03 2023 - 1:24AM
UK Regulatory
TIDMECEL
RNS Number : 7963O
Eurocell plc
03 February 2023
3 February 2023
EUROCELL PLC
("Eurocell" or the "Group")
Non-executive Directors' Share Purchase Plan
Eurocell, the market leading, vertically integrated UK
manufacturer, distributor and recycler of innovative window, door
and roofline PVC building products, announces that a number of the
Non-executive Directors, including the Chair of the Board, have
entered into a share purchase plan ('NED Purchase Plan') which is
in place for 12 months from 1 February 2023.
In accordance with the NED Purchase Plan, each Director has
irrevocably instructed the Company to direct one quarter of their
net monthly fees to an appointed broker to automatically make
market purchases of ordinary shares in Eurocell for the account of
the Director.
The appointed broker will purchase ordinary shares from the
market on, or around, the fifth trading day of the month following
each 3-month period and therefore the first purchase under the NED
Purchase Plan is expected to occur on or around 5 May 2023.
As a result of entering into the NED Purchase Plan, each
Director will be committed to make the purchase of ordinary shares
under the NED Purchase Plan in what otherwise may be a closed
period. Entering into the NED Purchase Plan will not preclude the
Director from buying additional ordinary shares in the Company
during open periods.
The market will be notified of the share purchases under the NED
Purchase Plan in accordance with regulatory requirements.
Enquiries:
Paul Walker, Group Company Secretary
Tel: 01773 842100
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