EDUCATION DEVELOPMENT INTERNATIONAL PLC – SHARES PURCHASE

EDUCATION DEVELOPMENT INTERNATIONAL PLC – SHARES PURCHASE

Education Development International plc, the leading provider of educational qualifications and assessment services, announces that on 2 June 2009 the Company's Employee Benefit Trust purchased 678,000 shares in the Company, representing 1.2% of the issued share capital of the Company, at an average price of 102.36p per share.

Following this transaction, the EBT is now interested in 4,633,000 ordinary shares, representing 8.05% of the issued share capital of the Company. The EBT now holds sufficient shares to fully cover all existing Company share option and SAYE schemes.

Mr Barrie Clark and Mr Nigel Snook, being Directors of the Company, are also Trustees of the EBT and Mr Snook is a potential beneficiary of the EBT.

No Comments

Post a Comment