Numis Corporation PLC
17 July 2006
FOR IMMEDIATE RELEASE
Numis Corporation Plc ('Numis')
Scrip Dividend Scheme ('the Scheme')
Interim dividend for the year ending 30 September 2006
On 31 May 2006, the Board of Numis offered all shareholders an option to receive
a scrip dividend alternative in respect of the interim dividend of 1.25p per
ordinary share for the year ending 30 September 2006 under the terms of the
Scheme. The reference share price or equivalent cash dividend foregone to obtain
each share was calculated to be 342.95p, the scrip dividend price. However, the
operation of the Scheme is conditional on the middle market quotation for an
ordinary share (as derived from the daily Official List of the London stock
Exchange) on the Return Date (21st June 2006 - being the last day to return
scrip election notices) exceeding a price that is 15% below this reference
price. The closing price of Numis' shares on 21 June 2006, the final date for
elections, was 289p, and accordingly the Scheme conditions were not fully
satisfied. The directors are required to revoke the offer of a scrip dividend
and therefore all shareholders will now receive the dividend in cash on 31 July
2006.
The directors will continue to offer a scrip dividend alternative in the future,
notwithstanding the revocation on this occasion.
The Numis shares referred to above are Numis' ordinary shares of 5p each and the
total number of shares in issue is 105,902,506.
17 July 2006
End
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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