Zeta Compliance Group Plc
LSE : ZCGP

October 07, 2010 16:37 ET

Formation of Employee Benefit Trust and Director's Share Dealings

                                                                                              07/10/2010
                                                                               GB00B2R2Z520/GBP/PLUS-exn

                                         ZETA COMPLIANCE GROUP PLC
                                              (the "Company")
                                                     
                     Formation of Employee Benefit Trust and Director's Share Dealings
                                                     
Zeta  Compliance Group plc announce the formation of The Zeta Compliance Group Employee Trust, an  Employee
Benefit  Trust  ("EBT") for the particular purpose of encouraging and facilitating staff  participation  in
share ownership of the Group.

The  EBT  has purchased 87,912 Ordinary Shares at 45.5p each from Mr Robert Nicoll, Chief Executive Officer
of  the  Company.  These shares will be the primary source of satisfying the demand  for  shares  from  the
Group's Executive Management Incentive ("EMI") scheme as option holders exercise their call options. To the
extent that EMI demand is satisfied in this way, other shareholders will not suffer the dilution associated
with the issue of new shares.

As  a  result  of  the  above  sale, Robert and Claire Nicoll hold a total  of  3,338,088  Ordinary  Shares
representing 38.0% of the Company's issued share capital.

The total Directors' shareholdings are now 5,251,686 Ordinary Shares representing 59.9% of the issued share
capital of 8,773,236 shares.


The Directors of Zeta Compliance Group Plc are responsible for the contents of this announcement.

Contact Details:

Zeta Compliance Group Plc
Rob Nicoll - Chief Executive Officer
Tel: 01869 238056

Corporate Adviser:
St Helens Capital Partners LLP
Mark Anwyl or Duncan Vasey
Tel: 020 7368 6959


Contact Information

  • Zeta Compliance Group Plc