Numis Corporation PLC
03 March 2004
FOR IMMEDIATE RELEASE
Numis Corporation Plc ('Numis')
Long Term Incentive Plan ('LTIP')
The Board of Numis announces that, today, it approved the issue and allotment of
253,550 (1.32%) new ordinary shares in Numis under terms of the LTIP at a price
of 658p per ordinary share.
Under the terms of the LTIP, employees are invited to subscribe for new ordinary
shares or to purchase existing ordinary shares in Numis on such terms, the
effect of which is that for each new ordinary share subscribed or purchased,
employees will receive, at no further cost to them, one further ordinary share
(each a 'matching share'). The 253,550 shares issued under the LTIP represent
126,775 shares subscribed by employees and the 126,775 matching shares to which
they are prospectively entitled. Subject to certain limited exceptions employees
must remain in employment with the Numis Group for a minimum period of 5 years
to achieve the matching benefit.
The new ordinary shares in Numis will rank pari passu with all existing ordinary
shares. Application will be made for admission of the new ordinary shares to
trading on the Alternative Investment Market of the London Stock Exchange and
dealings are expected to commence on 9 March 2004.
The ordinary shares referred to are Numis' ordinary shares of 25p per share and
the total number of shares in issue following the above is 19,159,997.
3 March 2004
End
This information is provided by RNS
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