Purchase of shares in Close Period

RNS Number : 9484A

Numis Corporation PLC

27 March 2013

 



WEDNESDAY 27 MARCH 2013 AT 7.05 AM

Numis Corporation Plc ("Numis")

Purchase of shares in Close Period

The Board of Numis today announces that it has provided a recommendation (the "Recommendation") to EES Nominees International Limited (the "Trustee"), the independent trustee of the Numis Corporation Plc Employee Benefit Trust (No.2) ("EBT No. 2"), for EBT No. 2 to continue to purchase Numis shares in the market during Numis' forthcoming close period in relation to the publication of its interim  results for the half year ending 31 March 2013.  The arrangement commences on 2 April 2013 and expires at the end of the close period in relation to the publication of Numis' interim results for the half year ended 31 March 2013. 

The Recommendation is irrevocable and non-discretionary.

The specific purpose of the Recommendation is to allow EBT No. 2 to continue to purchase sufficient Numis shares, subject to a pre-agreed maximum price and availability in the market, to fund employee equity incentive awards in the same manner as it does outside of the close period.  

 
The Recommendation was approved by the Board of Numis on 26 March 2013.  

Numis confirms that it currently has no unpublished price sensitive information.

As at 26 March 2013, EBT No. 2 is interested in 14,689,035 (12.80%) ordinary shares of the issued share capital of Numis.  

The total number of Numis ordinary shares of 5p each in issue is 114,728,057 with each ordinary share carrying the right to one vote.  There are no shares held in treasury.

The total number of voting rights in Numis is 114,728,057.  

27 March 2013   

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Contacts

Numis Corporation:              

Oliver Hemsley, Chief Executive                                               020 7260 1256
Simon Denyer, Group Finance Director                                     020 7260 1225

Brunswick:

Gill Ackers                                                                               020 7404 5959

Simone Selzer                                                                           020 7404 5959

PricewaterhouseCoopers LLP (Nominated Adviser):

Simon Boadle                                                                         020 7583 5000

Jon Raggett                                                                             020 7583 5000                                                            

Notes for Editors

Numis is a leading independent merchant banking and stockbroking group offering a full range of research, execution, corporate broking and corporate finance services to companies quoted in the UK and their investors. 

 

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