TIDMCNKS

RNS Number : 7523T

Cenkos Securities PLC

31 March 2016

31 March 2016

Cenkos Securities plc

("Cenkos" or the "Company")

Award of shares under Share Incentive Plan and Directors' Dealings

The Company was notified on 29 March 2016 that, on 29 March 2016, Capita IRG Trustees Limited, the independent trustee of the Company's HMRC Approved Share Incentive Plan ("SIP"), requested, in accordance with the SIP's rules and on behalf of SIP participants, that it be awarded 31,532 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), at a price of 138.0 pence per Ordinary Share to meet its obligations under the SIP. Under the terms of the SIP, participating members, including employees and Directors of the Company, could elect to automatically reinvest the dividend payments that it receives under the SIP. In order to satisfy this commitment, shares have been transferred from existing holdings held under the Cenkos Employee Benefit Trust to the SIP.

All Executive Directors participate in the SIP, and other than Nick Wells, had previously elected to automatically reinvest the dividend payments that they receive in respect of Ordinary Shares held under the SIP. Hence each of Jim Durkin, Paul Hodges, Jeremy Warner Allen, Joe Nally and Mike Chilton have been awarded 483 Ordinary Shares each at a price of 138.0p. Their new shareholdings in the Company are set out in the table below:

 
 Directors        Number of           Price           Total number   % of issued 
                   Ordinary            per Ordinary    of Ordinary    ordinary 
                   Shares awarded      Share           Shares held    share capital 
                   from dividends      (pence) 
                   being reinvested 
---------------  ------------------  --------------  -------------  --------------- 
 Paul Hodges      483                 138.0           5,031,737      8.88% 
---------------  ------------------  --------------  -------------  --------------- 
 Jim Durkin       483                 138.0           4,915,630      8.67% 
---------------  ------------------  --------------  -------------  --------------- 
 Jeremy Warner 
  Allen           483                 138.0           1,381,746      2.44% 
---------------  ------------------  --------------  -------------  --------------- 
 Joe Nally        483                 138.0           1,066,396      1.88% 
---------------  ------------------  --------------  -------------  --------------- 
 Mike Chilton     483                 138.0           21,082         0.04% 
---------------  ------------------  --------------  -------------  --------------- 
 

As at 31 March 2016, the Company had 56,694,783 Ordinary Shares in issue.

Enquiries:

Jim Durkin +44 20 7397 8900

Chief Executive Officer

Cenkos Securities plc

   Dr Azhic Basirov / David Jones / Ben Jeynes                    +44 20 7131 4000 

Nominated Adviser

Smith & Williamson Corporate Finance Limited

   David Rydell / Duncan Mayall / James Newman           +44 20 7861 3800 

Bell Pottinger

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 31, 2016 09:30 ET (13:30 GMT)

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