Epwin Group PLC, a leading manufacturer of energy efficient and low maintenance building products, has announced the exercise of options and a transaction in its own shares. On 9 January 2024, the company allotted 1,145,691 new ordinary shares to satisfy employee share options, which were exercised at a price of 54.0p per Ordinary Share under the Epwin Group plc Save As You Earn ("SAYE") scheme granted in October 2020. These new Ordinary Shares were issued under the Company's block listing, an increase in which was announced on 22 December 2023.
Additionally, outside of the share repurchase programme announced on 27 November 2023, the company purchased and then cancelled 740,000 Ordinary Shares at a price of 77.5p. Following these transactions, the Company's issued ordinary share capital consists of 144,719,156. This figure should be used by shareholders as the denominator for the calculation by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Epwin Group PLC is incorporated, domiciled, and operates principally in the United Kingdom. For further information, shareholders can contact Jon Bednall, Chief Executive, and Chris Empson, Group Finance Director, or the nominated advisers and joint brokers at Shore Capital and Zeus Capital Limited.