Transaction in Own Shares

RNS Number : 3390T

Somero Enterprises Inc.

02 October 2014

 



Somero Enterprises, Inc ("Somero" or the "Company")

Transaction in Own Shares

Somero announces that on Wednesday 01 October 2014 it approved a transaction in respect of employee share schemes. 

In accordance with the option buy-back programme approved on 15 November 2013, 34,281 options over ordinary shares have been bought back and cancelled using a price of 129.5p per share.

After taking into account the above buy-back of options, there remain outstanding share options over a total of 1,840,627 ordinary shares in the Company.

The Company's total issued ordinary share capital is 56,425,598 shares and the Company holds 232,700 of its shares in Treasury and has 56,192,898 ordinary shares in issue excluding Treasury shares which was unchanged by the above transaction.

Enquiries:
Somero Enterprises, Inc
Jack Cooney, CEO	Tel: [phone]
Mike Niemela, CFO	Tel: [phone]
Canaccord Genuity Limited
Chris Robinson	Tel: [phone]
Piers Coombs	Tel: [phone]
Peter Stewart	Tel: [phone]

 

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