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 Annual Report and Accounts for the year ended 30 September 2011. The arrangement commences on 30 September 2011 and expires on the date of publication of the Annual Report and Accounts, which is expected to be 6 January 2012.
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 uncovered 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 29 September 2011.
Numis confirms that it currently has no unpublished price sensitive information.
As at 29 September 2011, EBT No. 2 is interested in 17,232,119 (15.33%) ordinary shares of the issued share capital of Numis.
The Numis shares referred to above are Numis' ordinary shares of 5p each and the total number of shares in issue is 112,443,302 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 112,443,302.
29 September 2011
Oliver Hemsley, Chief Executive 020 7260 1256
Simon Denyer, Group Finance Director & Company Secretary 020 7260 1225
Gill Ackers 020 7396 5382
Carole Cable 020 7396 7458
PricewaterhouseCoopers LLP (Nominated Adviser):
Simon Boadle 020 7583 5000
Jon Raggett 020 7583 5000
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