Long Term Incentive Plan

RNS Number : 6731X

Numis Corporation PLC

27 June 2008

 



  FRIDAY 27 JUNE 2008 at 7.00 am 

Numis Corporation Plc ('Numis')

The Board of Numis announces that, under Numis' Long Term Incentive Plan ('LTIP'), awards granted under the first issuance on 20 June 2003, vested on 20 June 2008. Under the LTIP rules participants have received Numis shares for their purchased awards and the equivalent cash value for their matching shares and any scrip entitlement. The vesting price of the shares was determined on 20 June 2008 at the closing mid-market price of 171p. 

On 26 June 2008, the Numis Corporation Plc Employee Share Trust ('EBT No.1') sold (in an off market transaction) 1,430,591 (1.33%) Numis shares at 171p per share. The Numis Corporation Plc Employee Benefit Trust No.2 ('EBT No.2') purchased 1,288,663 (1.20%) of these Numis shares at a price of 171p per share and four Numis employees purchased the balance of 141,928 shares, also at a price of 171p per share.  The shares purchased by EBT No.2 will be used to fund future employee incentive awards. 

EBT No.1 and EBT No.2 now hold a combined total of 11,282,602 (10.49%) Numis shares. 

Pursuant to the Companies Act 2006, EBT No.1 is deemed interested in 4,768,625 (4.43%) Numis shares, and EBT No.2 is deemed interested in 6,513,977 (6.06%) Numis shares.  

The Numis shares referred to above are Numis' ordinary shares of 5p each and the total number of shares in issue will be 107,555,594, following the additional listing of shares on 2 July 2008, as announced on 25 June 2008.  Each ordinary share will  carrying the right to one vote. There are no shares held in treasury.

The total number of voting rights in Numis will therefore be 107,555,594.  

27 June 2008  

END

Contacts

Numis Corporation:        

Oliver Hemsley, Chief Executive                                                     020 7260 1256
Bill Trent, Chief Financial Officer                                                    020 7260 1333

Brunswick:

Gill Ackers                                                                                     020 7936 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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