Purchase of shares in Close Period

RNS Number : 2399T

Numis Corporation PLC

24 March 2016

 

THURSDAY 24 MARCH 2016

Numis Corporation Plc ("Numis" or the "Company")

Purchase of shares in Close Period

The Board of Numis (the "Board") today announces that the Company is about to enter a close period ahead of the publication of the interim results for the year ending 30 September 2016 (the "Close Period").

Pursuant to the share buyback authority approved by the Board on 24 March 2016, the Board has granted authority to the Company's broker, Numis Securities Limited, to continue to purchase the Company's ordinary shares ("Ordinary Shares") in the market during the Close Period. Subject to availability in the market, any Ordinary Shares purchased during the Close Period will be held in Treasury and may then be used to fund employee equity incentive awards should the need arise.

The authority granted is irrevocable and non-discretionary and during the Close Period the Board has no power to invoke any changes to the authority and any purchases will be undertaken at the sole discretion of Numis Securities Limited, who is acting independently of, and uninfluenced by, the Company.

Any Ordinary Shares purchased pursuant to these arrangements will be carried out within certain pre-set parameters and in accordance with applicable law and the limitations of the share purchase authority approved at the last Annual General Meeting of shareholders.

24 March 2016

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Contacts

Oliver Hemsley, Chief Executive                                               020 7260 1256

Simon Denyer, Group Finance Director                                     020 7260 1225

Brunswick:

Gill Ackers                                                                               020 7404 5959

Simone Selzer                                                                           020 7404 5959

Grant Thornton UK LLP (Nominated Adviser):
Philip Secrett                                                                             020 7383 5100
Jen Clarke                                                                                 020 7184 4384  

Notes for Editors

Numis is a leading corporate advising and stockbroking group offering a full range of research, execution, corporate broking and corporate finance services to companies quoted in the UK and their investors.

 

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POSUSSORNBAOUAR