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Hostmore plc announced that its Chief Executive Officer, Julie McEwan, issued an Irrevocable Instruction Letter to Numis Securities Limited and the Company on 5 June 2023. This letter instructs Numis to purchase ordinary shares in Hostmore plc on McEwan's behalf on a monthly basis. The instruction is effective from 5 June 2023 to 31 May 2024.
| Date | 5 Jun 2023 |
| Time | 11:03:16 |
| Category | Miscellaneous |
| ID | 6628B |
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
Hostmore plc
Intended Purchase of Shares by Chief Executive Officer
5 June 2023
Hostmore plc (the "Company"), announces that Julie McEwan, its Chief Executive Officer, has today issued a letter (the "Irrevocable Instruction Letter") to Numis Securities Limited ("Numis") and the Company pursuant to which, from 5 June 2023 to 31 May 2024 (inclusive), she irrevocably instructs Numis to purchase ordinary shares in the Company on behalf of herself on a monthly basis (the "Share Purchases").
The Irrevocable Instruction Letter cannot be varied or terminated (other than as a result of it expiring at the end of its term or Numis terminating it in accordance with its terms): (a) during a closed period (as defined in the Market Abuse Regulation (as applied in the United Kingdom)) of the Company; or (b) when the Company and/or Julie McEwan is in possession of inside information.
A further announcement will be made on completion of the Share Purchases in each month.
ENDS
Enquiries
Hostmore plc
Alan Clark, Chief Financial Officer
Email: [email protected]
Dentons Global Advisors
Jonathon Brill / James Styles Tel: +44 (0)20 7664 5095
Email: [email protected]