Somero Enterprises Inc.
08 May 2007
8 May 2007
THIS DOCUMENT MAY NOT BE RELEASED, PUBLISHED OR DISTRIBUTED IN OR INTO THE
UNITED STATES, CANADA, JAPAN OR AUSTRALIA OR TO US PERSONS OR TO RESIDENTS,
NATIONALS OR CITIZENS OF CANADA, JAPAN OR AUSTRALIA.
Somero Enterprises, Inc.
('Somero' or 'the Company')
Notification of Director's Dealing
The Company has been informed that on Friday 4 May 2007, Mr Jack Cooney, Chief
Executive Officer of Somero Enterprises, Inc. purchased 75,000 Ordinary Shares
in the Company at a price of 135p per Ordinary Share.
Mr Cooney has an interest in 128,034 shares purchased at IPO, representing
approximately 0.37% of the Company's issued share capital in addition to the
75,000 shares purchased today which brings his total holding to 193,034 shares
representing 0.59 % of the Company's issued share capital.
Mr Cooney also holds options over 874,190 Ordinary Shares representing 2.55 % of
the Company's issued share capital.
For further information, please contact:
Financial Dynamics +44 (0)20 7831 3113
Harriet Keen/Matt Dixon
This announcement does not constitute or form part of any offer or invitation to
sell, or any solicitation of any offer to purchase, any securities of Somero
Enterprises, Inc. (the 'Company').
Neither this announcement nor any copy of it may be taken or transmitted into
the United States, Australia, Canada or Japan or to a resident, national or
citizen of the United States, Australia, Canada or Japan. The distribution of
this announcement in certain other jurisdictions may also be restricted by law
and persons into whose possession this announcement or any document or other
information referred to herein comes should inform themselves about and observe
any such restriction. Any failure to comply with these restrictions may
constitute a violation of the securities laws of any such jurisdiction.
No shares or stock in the Company have been nor will they be registered under
the applicable securities laws of Australia, Canada or Japan and may not be
offered or sold within Australia, Canada or Japan or to, or for the account or
benefit of citizens or residents of Australia, Canada or Japan.
'EBITDA' represents the Company's operating income plus amortisation of
intangibles and depreciation. EBITDA is not a measurement of the Company's
financial performance under generally accepted accounting principles in the
United States ('U.S. GAAP') and should not be considered as an alternative to
operating income, net income or any other performance measures derived in
accordance with U.S. GAAP, or as an alternative to U.S. GAAP cash flow from
operating activities as a measure of profitability or liquidity.
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
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