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VIVO ENERGY PLC - EBT Purchase

Release Date: 10/03/2021 11:15
Code(s): VVO     PDF:  
Wrap Text
EBT Purchase

Vivo Energy plc
(Incorporated in England and Wales)
(Registration number: 11250655)
(Share code: VVO)
LEI: 213800TR7V9QN896AU56
ISIN: GB00BDGT2M75


10 March 2021
                                                          Vivo Energy plc
                                                         LSE:VVO / JSE:VVO


                                                             EBT Purchase



The Company was today notified by Apex Financial Services (Trust Company) Limited, the Trustees of the Vivo
Energy Employee Benefit Trust (the "EBT"), that the EBT has purchased 2,000,000 Ordinary Shares at an average
price of 92.04p pence per share.

The Shares held in the EBT are intended to be used to satisfy awards made under the Company’s IPO Share Plan
and the Long Term Incentive Plan as well as Deferred Bonuses. The EBT is a discretionary trust for the benefit of
employees of the Company and its subsidiaries. The Executive Directors of the Company are included in the class
of beneficiaries of the EBT and are deemed to be interested in those shares and the dealings thereof.

The EBT conducts market purchases of Ordinary Shares to satisfy potential future option exercises made under
the Company’s IPO Share Plan and Long Term Incentive Plan. Following this transaction, a total of 2,133,183 shares
representing 0.17% of the Company’s total voting rights are held in the EBT.

                                                                  Ends


For further information, please contact:

Minna Gonzalez-Gomez
Group Company Secretary
+44 2030 343 718
Minna.Gonzalez-Gomez@vivoenergy.com


About Vivo Energy:

Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has a network of
over 2,300 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to a number of other African
countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other non-fuel services. It provides fuels,
lubricants and liquefied petroleum gas (LPG) to business customers across a range of sectors including marine, mining, construction, power,
transport, wholesalers and manufacturing. The Company employs around 2,700 people and has access to over 1,000,000 cubic metres of
fuel storage capacity and has a joint venture, Shell and Vivo Lubricants B.V., that sources, blends, packages and supplies Shell-branded
lubricants.
Vivo Energy has its primary listing on the London Stock Exchange and secondary listing on the Johannesburg Stock Exchange.

For more information about Vivo Energy please visit www.vivoenergy.com




JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Date: 10-03-2021 11:15:00
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