Numis Corporation PLC
06 October 2006
EMBARRGOED FOR RELEASE
FRIDAY 6 OCTOBER 2006 at 7.00 am
Numis Corporation Plc ('Numis')
Numis Equity Incentive Scheme for Employees of Numis Securities Inc - The US
Restricted Stock Plan ('USRSP')
The Board of Numis today announces that it has approved an award under the
recently introduced US Restricted Stock Plan ('USRSP'), an equity share
incentive scheme for US employees of Numis Securities Inc ('NSI'), (the terms of
which are similar to those for the Numis UK Long Term Incentive Plan ('LTIP').
Under the terms of the scheme, employees are invited to subscribe for Numis
shares on the basis that for each new Numis share purchased they will receive,
at no further cost to them, one additional Numis share (each a 'matching
share'). Subject to certain limited exceptions, employees must remain in
employment with the Numis Group for a minimum period of five years to achieve
the matching share benefit.
Under the Numis USRSP, Numis approved an award of 238,542 (0.22%) Numis shares
at a price of 267p per share. This award represents 119,271 (0.11%) shares to be
purchased by the employee and 119,271 (0.11%) matching shares and will be funded
entirely by the allocation of 238,542 (0.22%) Numis shares, held by the Numis
Corporation Plc Employee Share Trust ('the Trust'). The Trust currently holds
9,751,195 (9.21%) Numis shares specifically for the benefit of Numis' employee
share incentive schemes.
Numis shares referred to above are Numis' ordinary shares of 5p each. The total
number of shares in issue is 105,902,506.
6 October 2006
Contacts:
Numis Corporation Plc:
Oliver Hemsley, Chief Executive 020 7776 1500
Bill Trent, Chief Financial Officer
Brunswick:
Gill Ackers 020 7404 5959
Lucie-Anne Brailsford 020 7396 3507
This information is provided by RNS
The company news service from the London Stock Exchange
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