21 Jan 2019 13:02
21 JANUARY 2019
Numis Corporation Plc ("Numis")
Grant of RSU Award
The Board of Numis announces that Andrew Holloway, the Chief Financial Officer of Numis (CFO), was granted 300,000 ordinary shares of 5p each ("Ordinary Shares") in the Company (the "RSU Award"), today, 21 January 2019 (the "Grant Date") pursuant to the Company's Restricted Stock Unit Plan 2017. The grant price of the award is £2.405.
The RSU Award, representing 300,000 Numis Ordinary Shares will be delivered in 3 equal tranches over years 1, 2 and 3 from the anniversary of the Grant Date. The RSU Award is subject to continued service throughout the term as well as the achievement of specific performance targets and each tranche on vesting is subject to a 2 year holding period. The satisfaction of these performance conditions is judged solely by the Company's Remuneration Committee.
No consideration was paid to the Company for the grant of the RSU Award and no consideration is due on the vesting of the RSU Award. Further details regarding the RSU Award will be set out in the Company's 2019 Annual Report and Accounts.
Director's Dealing
The Board of Numis announces that, further to the vesting of award shares under the Numis Corporation Plc Restricted Stock Unit Plan 2008 ("RSU Plan") on 21 January 2019, Andrew Holloway, through the mechanism of the RSU Plan, sold part of his award shares to fund tax liabilities arising from the vesting of the award shares.
Andrew Holloway's deemed interested in Numis shares is:-
Award Shares Award Shares Award Shares Total Numis Shares % of
Vested Sold Acquired now held Numis shares
in issue
10,342 4,861 5,481 60,828 0.057 %
No consideration was paid to the Company for the grant of the award and no consideration has been paid on the vesting of the awards.
The Numis shares referred to above are Numis' ordinary shares of 5p each ("Ordinary Shares") and the total number of shares in issue is 107,227,448 (excluding shares held in Treasury) with each Ordinary Share carrying the right to one vote.
The total number of shares held in Treasury is 11,211,088 (10.46%). The total number of voting rights in Numis is 107,227,448.
These details have been provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibility / person closely associated
| |
a) |
Name |
Andrew Holloway |
2 | Reason for the notification | |
a) |
Position/status |
PDMR (Executive Director) |
b) |
Initial notification/amendment |
Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) |
Name |
Numis Corporation Plc |
b) |
LEI |
213800AREEDZZCNBHD25 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument |
Numis Ordinary Shares | |
Identification code |
Ordinary share ISIN : GB00B05M6465 | ||
b) |
Nature of transaction | 1. Grant of ordinary shares pursuant to the Company's Restricted Stock Unit Plan 2017.
2. Vesting of ordinary shares under the Numis Corporation Plc Restricted Stock Unit Plan 2008 ("RSU Plan")
3.Sale of part of vested award shares under the RSU Plan to fund tax liabilities arising | |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
1 Nil | 1. 300,000 | ||
2 Nil | 2. 10,342 | ||
3 £2.405
|
3. 4,861 | ||
d) |
Aggregated information | ||
Aggregated volume |
N/A | ||
Price |
N/A | ||
e) |
Date of transaction |
21 January 2019 | |
f) |
Place of transaction |
UK, London Stock Exchange | |
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
21 January 2019
END
Contacts
Alex Ham and Ross Mitchinson Co-CEOs 020 7260 1245
Andrew Holloway - Chief Financial Officer 020 7260 1266
Brunswick:
Nick Cosgrove 020 7404 5959
Simone Selzer 020 7404 5959
Grant Thornton UK LLP (Nominated Adviser):
Philip Secrett 020 7728 2578
Jen Clarke 020 7865 2411
Harrison J Clarke 020 7184 4384