Revised Long Term Incentive P

RNS Number : 4062P

Numis Corporation PLC

25 March 2009

 



WEDNESDAY 25 MARCH 2009 7.00 AM  

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

Numis Corporation Plc Revised Long Term Incentive Plan (2008) ('LTIP')  

The Board of Numis today announces that it has approved awards of 2,801,223    (2.59%) Numis shares at a price of 125p per Numis share under the Numis LTIP. Awards under the LTIP will be funded by the allocation of 2,802,446 (2.59%) Numis shares, currently held by the Numis Corporation Plc Employee Benefit Trust No.2 ('EBT No.2') and by the listing and allotment of 2,800,000 (2.59%) new ordinary shares. The new ordinary shares in Numis will rank pari passu with all existing ordinary shares. Application will be made for admission of the new shares to trading on the Alternative Investment Market of the London Stock Exchange and dealings are expected to commence on 31 March 2009.  

Under the terms of the LTIP, employees are invited to subscribe for Numis shares on the basis that for each Numis share purchased, they will receive, at no further cost to them, one additional Numis share (each a 'matching share').  

Interest in Shares 

Following the listing of new shares, Halifax EES Nominees International Limited, holding shares for the Numis Corporation Plc Employee Benefit Trust EBT No.2, will hold 9,863,198 (9.12%) Numis shares specifically in relation to the Company's incentive award schemes. 

Director's Interest 

Lorna Tilbian, an Executive Director was awarded 70,800 (0.07%) Numis shares pursuant to the Company's LTIP at a price of 125p per share. Ms Tilbian's total holding in the Company is 4,280,109 (3.96%) Numis shares.  

The Numis shares referred to above are Numis' ordinary shares of 5p each and the total number of shares following the listing of 2,800,000 new shares on 31 March 2009 will be 110,999,112 Numis shares, with each ordinary share carrying the right to one vote. There are no shares held in treasury

The total number of voting rights in Numis is 108,199,112.    

25 March 2009 

END

Contacts

Numis Corporation:               

Oliver Hemsley, Chief Executive                                                   020 7260 1256
Simon Denyer, Company Secretary                                               020 7260 1225

Brunswick:

Gill Ackers                                                                                   020 7396 5382

Carole Cable                                                                                020 7396 7458

 

PricewaterhouseCoopers LLP (Nominated Adviser):

Simon Boadle                                                                              020 7583 5000

Jon Raggett                                                                                 020 7583 5000                    

 

END

 

 

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