Wincanton PLC Transaction in own shares (0553L)
July 14 2017 - 1:00AM
UK Regulatory
TIDMWIN
RNS Number : 0553L
Wincanton PLC
14 July 2017
14 July 2017
Wincanton PLC
('Wincanton' or the 'Company')
Transaction in own shares
Wincanton plc, a leading provider of supply chain solutions in
the UK and Ireland, announces that it has purchased 500,000 shares
of 10 pence each at a price of GBP2.49 and 35,000 shares of 10
pence each at a price of GBP2.48 in the Company on 13 July
2017.
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 Company's employee share
incentive schemes, pursuant to the authorisation granted to the
Company by shareholders at the Annual General Meeting (AGM) held on
29 June 2017 and a subsequent announcement made on 13 July
2017.
Following this transaction, the EBT will hold 785,086 ordinary
shares of 10 pence in the Company.
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 / Victoria Hayns / Maddie Seacombe
Notes to Editors
Wincanton plc
Wincanton is the largest British logistics firm, providing
supply chain consultancy and solutions to some of the world's most
admired brands. We employ approximately 18,000 people across more
than 200 sites and have a 3,400-strong fleet of vehicles.
Our business started in 1925 delivering milk and dairy products.
Although our heritage means a lot to us, we have since expanded to
provide supply chain solutions across a wide range of sectors
including retail, construction, defence and energy.
As a trusted and respected business partner, we design and
implement services 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 billion
-- Circa 18,000 employees 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 company news service from the London Stock Exchange
END
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