Following the successful completion of a Management Buyout in March of this year, Andrew Gale, evo CEO, has now offered all evo employees the chance to purchase shares in the company.
When announcing the news, Andrew stated;
“When I completed the MBO in March, I said I would offer my colleagues the chance to buy some shares in evo if they wanted to do so. I was also conscious that times are hard, and this might not appeal to all. I could give you a long explanation for the why, but the simple answer is that this just felt like the right thing to do.”
Following the closure of the share offering, 330 colleagues took up the opportunity to buy shares, purchasing over 1.3 million shares between them.
evo is proud to be owned by our people, with over 2,000 colleagues working across 26 locations across the UK and Ireland.
Andrew added, “Moving forward, evo is, and will be, a business run, and majority owned by the people who do the graft.”